Search Results For: partition


Is It Necessary To Have Partition Order In Case HUF Has Partitioned?

QUERY: Nowadays, no action is taken on intimation for partition u/s. 171(1)? Can the assessee presume that his application has been accepted or would be make any difference?
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S. 171(3) of the Act mandates that on a claim being put forward under this section, the Assessing Officer shall hold an enquiry. Such enquiry shall be made as part of assessment proceedings. On completion of the enquiry

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