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DEEPA DWIVEDI (family Business)     02 November 2014

Related to property distribution and deed and income tax

dear experts ,

we have 4 brothers including me . after my father death , we partitioned asses among us.

all brothers were interested to take a land , home like immovable asset . i were interested to take cash gold and jewellery . All brothers distributed the asset without any issue .

Now my question is ...

Since i got minimum land ( 5 acre ) , maximum gold ( 20 tola ) and maximum cash ( 5 lacs ) . Will i have to prepare a partition deed and will i have to mention all the things which i have got other than immovable . we had registered immovable partition deed but till now i didnt registered my movable assest like cash and gold . please advice me experts .



Learning

 1 Replies

Advocate Kappil Cchandna (Expert Bail & Criminal Defence Lawyer at Delhi Supreme Court of India)     02 November 2014

Dear, For clarification purpose and future disputes please mention the same. Adv kapil chandna, 9899011450

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