Sakshi (Student) (21 Points)
14 June 2018If we have to register for the partition of a HUF property, and the HUF has immovable properties in 5 different locations, where will the registration for the same take place?
I know if there was only 1 property, the registration would have taken place before the district court under whose jurisdiction the properties are situated.
But what will be the case of having 5 immovable properties at different locations, for the same HUF seeking the partition?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177713 Points)
Replied 14 June 2018
Get the partition deed registered at sub-registrar office, at the jurisdiction of HUF's permanent address & get the high court order for distribution of properties in individual names....
CA. Nirmal Ghorawat
(Owner)
(623 Points)
Replied 05 January 2022
1. Total Partition under Hindu Law confirming to the requirements of section 171 of the Income Tax Act, 1961 is required for complete dissolution of HUF.
2. In case of immoveable properties are owned by HUF, a DEED of PARTITION of HUF may be prepared and registered for MUTATION purposes. Partition Deed usually attracts a lower rate of stamp duty vis a vis Deed of Conveyance. Further Single Largest Share is excluded while computing Stamp Duty. Stamp Duty rates vary State / UT wise.
3. For moveable properties not requiring MUTATION, a MEMORANDUM of TOTAL PARTITION may be prepared after oral partition and handing over the possession of such moveable properties to the coparceners / recipients along with incorporating in the recitals of DEED OF PARTITION for immoveablr properties previously execute. You may visit https://canirmalg.com/2017/04/22/partition-of-a-hindu-undivided-family/ for more details about Partition of HUF
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