Partition of HUF -Absence of order u/s 171 - the money received ...

Income Tax

November 26, 2011

Partition of HUF -Absence of order u/s 171 - the money received by the Assessee in her capacity as coparcener as and towards her share of the properties of the HUF, on partition of HUF, cannot be said to be sum of money or property received without consideration. The right, title and interest of the coparcener in the assets of the HUF will itself be a consideration. .... - AT

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Partition of HUF -Absence of order u/s 171 - the money received ...

Income Tax

November 26, 2011

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