Nature of property received by coparcener on notional partit
Querist :
Anonymous
(Querist) 11 May 2018
This query is : Resolved
In explanation to section 6 proviso of hsa 1956, what is the nature of share received by coparcener on notional partition, in addition to share received in the undivided interest of deceased coparcener, which is equally distributed among class 1 heirs. I am particularly concerned only with share received by coparcener on notional partition i.e whether it forms the huf with son's, grandson's and great grandson's or he takes it as absolute property.
Ms.Usha Kapoor
(Expert) 12 May 2018
IN HUF undivi9ded family all members have equal rights in every part by metes and bounds HUF property on a notional basis is called HUF partitioned on notional basis. Property is actually not divided.,
P. Venu
(Expert) 12 May 2018
The query discloses no facts.
Dr J C Vashista
(Expert) 13 May 2018
Hypothetical query by an anonymous author, no reply.
Ms.Usha Kapoor
(Expert) 17 June 2018
I stick to my above view.
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