HUF partition

Can any one tell me the formalities for HUF partition under Income Tax Act.
Replies (2)

1) WHETHER FULL PARTITION IS NECESSARY IN INCOME TAX ACT.

2)WHETHER A HUF FULLY PARTITIONED CAN BE REVIVED OR RE-CONSITUTED.

3) WHETHER HUF CAN GIVE GIFT TO ITS COPARCENERS OR TO OUTSIDERS.

Yes, a Total Partition by metes and bounds, is necessary for it to be recognised under the Income Tax Act, 1961.

A claim of partial partition, either as to assets or to coparceners or members is not recogbised under section 171 of the Income Tax Act, 1961.

You may also vist : https://www.canirmalg.com/2017/04/22/partition-of-a-hindu-undivided-family/

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details