Partition Deed THIS DEED OF PARTITION made at (city) this ___ day of __________, 200-,BETWEEN Mr. _____________,s/o____________, R/o ____________________________ Hereinafter called First Party of the First Part, Shri ____________,s/o_______________, R/o […]
HUF
Income Tax Effect on Partial and Full Partition of Hindu Undivided Family (HUF)
Partial and Full Partition of Hindu Undivided Family (HUF) and Income Tax provisions Meaning of Partition: – Partition is the severance of the status of Joint Hindu Family, known as Hindu Undivided Family under tax […]
Karta of HUF- his powers; Can Female / Minors / Junior Member can be Karta of HUF
KARTA OF HUF The Karta is the manager of HUF and have wide powers by way of controlling the affairs of the HUF. The Karta enjoys his position in the HUF by operation of […]