What is the procedure of HUF partition
ashok gupta (67 Points)
15 November 2019ashok gupta (67 Points)
15 November 2019
Kapadia Pravin
(17249 Points)
Replied 15 November 2019
Kapadia Pravin
(17249 Points)
Replied 15 November 2019
CA. Nirmal Ghorawat
(Owner)
(620 Points)
Replied 05 January 2022
1. Total Partition under Hindu Law confirming to the requirements of section 171 of the Income Tax Act, 1961 is required for complete dissolution of HUF.
2. In case of immoveable properties are owned by HUF, a DEED of PARTITION of HUF may be prepared and registered for MUTATION purposes.
3. For moveable properties not requiring MUTATION, a MEMORANDUM of TOTAL PARTITION may be prepared after oral partition and handing over the possession of such moveable properties to the coparceners / recipients. You may visit https://canirmalg.com/2017/04/22/partition-of-a-hindu-undivided-family/ for more details about Partition of HUF
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