24 March 2012
after change in hindu succession act girls can demand for partion so i want to know after partion the income received to daughter from house property which she received under partion will be taxable as huf or as her individual income if she merried and tell me sme he she is not married
24 March 2012
In both the cases, the rental income pertaining to the period AFTER partition shall be taxable in the hands of the daughter only. This is because after partition, HUF ceases to exist.
Rental income pertaining to the period BEFORE partition shall be taxable in the hands of the HUF itself.