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Anish Thakur 7018812737 (advocate)     12 May 2012

Business property acquired by karta using joint family asset

is there any special provision for partition of business property of undivided hindu family ?
what if business property is acquired by karta individually by using joint family assets ?
kindly suggest and give citation in support , its urgently required


Learning

 1 Replies

prakash sahay (advocate)     18 May 2012

the property acquired  from the income of huf income will remain huf property. 

AIR 1922 PC 237

AIR 1932 PC 182

THESE TWO CASES WILL SATISFY UR QUERRY

PRAKASH SAHAY

9334115322


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