PARTITION OF HUF
This query is : Resolved
DIPAK KUMAR SHANGHVI
(Querist)
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
Akbar Mirza
(Expert)
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.
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