PARTITION OF HUF
This query is : Resolved
19 May 2010
AN HUF CONSISTS OF WIFE & HUSBAND, AND ON EVENT OF DEATH OF WIFE WHETHER THE HUF STANDS DISSOLVED/ FULLY PARTITION , AND ALL THE ASSETS THAT R THR IN WIFE & HUF WILL BE TRANSFERRED TO INDIVIDAUL'S AND ALL INCOME WILL BE ASSESSED IN HIS INDIVIDUAL CAPACITY - FATHER HAS 2 MARRIED DAUGHTERS CAN HE GIVE GIFT TO HIS DAUGHTERS - KINLDY SEND IN UR SUGGESTIONS
20 May 2010
Married Daughters are also entitled to get share in the property of HUF in case of partition of HUF as per new ammendment made in Hindu Law & Succesion Act.
Hence in this case,Individual can transfer the property to his married daughters.
Hence in this case,Individual can transfer the property to his married daughters.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- Taxable or Tax exempt
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- TDS Deducted AY-2013-14 Not Reflected in 26as
- ADVANCE PAYMENT OF ADVOCATE
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- NRI starting business in India
- GST not cancelled by tenant
- Capital gain on sale and purchase of plot
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
