Partial partition: members and family remain jointly and severally liable for wealth-tax obligations after partition. Where a partial partition of a Hindu undivided family occurs after 31 December 1978, the family continues to be assessed under the Wealth-tax Act as if no partition occurred. Each member or group of members who were part of the family immediately before the partial partition and the family itself are jointly and severally liable for any tax, penalty, interest, fine or other sum payable under the Act for any period, and each member's liability is computed according to the portion of joint family property allotted to them at the partial partition.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Partial partition: members and family remain jointly and severally liable for wealth-tax obligations after partition.
Where a partial partition of a Hindu undivided family occurs after 31 December 1978, the family continues to be assessed under the Wealth-tax Act as if no partition occurred. Each member or group of members who were part of the family immediately before the partial partition and the family itself are jointly and severally liable for any tax, penalty, interest, fine or other sum payable under the Act for any period, and each member's liability is computed according to the portion of joint family property allotted to them at the partial partition.
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