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Partition of HUF

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Surendra Parikh

Surendra Parikh (Querist)
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16 December 2009 What is the procedure for partition of HUF having only movable properties in the form of Investments ?

CA SURENDRA KUMAR RAKHECHA

CA SURENDRA KUMAR RAKHECHA (Expert)
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16 December 2009 A simple writing on plain paper is sufficient.

Now-a-days; it is made on a stamp paper of Rs.10/20/50/100; with sign of all HUF members (ladies also) with witness of two persons.

It is better to get is Notarized.

Surendra Parikh

Surendra Parikh (Querist)
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16 December 2009 Dear Sir,

Thanks for the reply.
However we would be grateful if you could provide us with a format for the deed which is to be prepared.

Also how do we inform the IT Dept. of the partition of HUF.

Regards

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