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Income Tax - Highlights / Catch Notes

Home Highlights October 2014 Year 2014 This

As long as the Hindu Family remains joint, which in fact is a ...


Hindu Undivided Family (HUF) must stay joint; individual members can't claim or transfer specific shares.

October 6, 2014

Case Laws     Income Tax     HC

As long as the Hindu Family remains joint, which in fact is a sine qua non for it to be recognised as HUF, the question of one member of the HUF claiming any particular share in it, in contradistinction to undivided share much less transferring it in favour of another does not arise - HC

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