samkasvala (proprietor) (131 Points)
24 April 2018HUF -- On partition of HUF-Income is taxable in the hands of Karta or Co parcener ?
What is mechanism of taxability in the hands of individual hands ? i.e. Ratio or proportionate .
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(182166 Points)
Replied 24 April 2018
What is your criteria of partition?
On full partition, the income is taxed in individual hands who -so-ever earns it.....
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