21 December 2010
sir my late father used to pay income tax on behalf of huf.he died 5 years back. the property has to be divided my uncle and me.due to some differance its under pending,but we are equal dividinag the the rent,but we are filinag the tax under his name is it ok nor not.can we file income tax seperatly for rent we recive without divding the property.(with do course it will done)if yes what is the procedure
thanks
madappa
Guest
Guest
(Expert)
16 January 2011
If it is a HUF property, complete rent should be assessed in the hands of HUF of which your uncle will be Karta and if you want to make devision, make complete partition of this HUF for all the assets of HUF.