https://www.taxtmi.com/caselaws?id=63949 Where section 6 of the Hindu Succession Act, 1956 applies, the deceased coparcener's interest is notionally carved out immediately before death and devolves by intestate succession on the heirs, not by survivorship. The HUF continues only in respect of the remaining property, and the heirs hold the deceased's share separately as tenants-in-common. On that reasoning, the deceased karta's one-third share could not be treated as HUF property for capital gains computation, so tax was to be computed only on the reduced HUF property. en-us Mon, 26 Nov 1990 00:00:00 +0530 Wed, 02 Feb 2011 18:02:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63949 Where section 6 of the Hindu Succession Act, 1956 applies, the deceased coparcener's interest is notionally carved out immediately before death and devolves by intestate succession on the heirs, not by survivorship. The HUF continues only in respect of the remaining property, and the heirs hold the deceased's share separately as tenants-in-common. On that reasoning, the deceased karta's one-third share could not be treated as HUF property for capital gains computation, so tax was to be computed only on the reduced HUF property. Case-Laws Income Tax Mon, 26 Nov 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63949