HUF -- On partition of HUF-Income is taxable in the hands of Karta or Co parcener ?
What is mechanism of taxability in the hands of individual hands ? i.e. Ratio or proportionate .
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Huf -- Taxability while patitioned ?
Replies (3)
What is your criteria of partition?
On full partition, the income is taxed in individual hands who -so-ever earns it.....
Thank you very much for your reply.
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