As per Hindu Law - Partial Partition of HUF is not possible but as per Income Tax Act, Partial Partition of HUF is possible.
What does this mean... Is Partial Partition possible or not and what implications does the above line have?
Neha sharma (-) (1257 Points)
19 April 2014As per Hindu Law - Partial Partition of HUF is not possible but as per Income Tax Act, Partial Partition of HUF is possible.
What does this mean... Is Partial Partition possible or not and what implications does the above line have?
Yogesh Shukla
(Tax Practitioner)
(712 Points)
Replied 24 April 2014
Kindly Find the enclosed file for information