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Income Tax - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

Creation of HUF - The moment a person is born into a family, HUF ...


Hindu Undivided Family: Individual Entitled to Share Income from Jointly Owned Land Holdings at Birth.

September 28, 2019

Case Laws     Income Tax     AT

Creation of HUF - The moment a person is born into a family, HUF is created and if the land holdings were in the joint names of the family members, the assessee also being part of the HUF, would have a right in the income there from. - AT

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