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Partition of huf property

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 February 2017 B.F.Chordia have no son and having four daughters have formed HUF out of funds received from his fathers HUF . This HUF is having 2 immovable properties, Jewellery, Receivables and cash and bank balances can all The assets can be divided disproportionately between Karta and four daughters if other members have no objection.
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CA. Nirmal Ghorawat

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CA. Nirmal Ghorawat (Expert)
26 March 2021 My post Partition of HUF : https://www.canirmalg.com/2017/04/22/partition-of-a-hindu-undivided-family/

Partition Deed may be prepared for Immoveable Property which usually attracts a lower rate of duty vis a vis Deed of Conveyance. Further Single Largest Share is excluded while computing Stamp Duty. Stamp Duty rates vary State / UT wise.
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