https://www.taxtmi.com/caselaws?id=67839 The Tribunal allowed the appeal, ruling in favor of the assessee regarding the validity of the partial partition of the Hindu Undivided Family (HUF). The Tribunal's decision, based on a Supreme Court precedent, recognized the legality of the partial partition involving the mother and minor children without the consent of coparceners. Consequently, the assets divided during the partial partition were excluded from the assessment of the HUF's wealth, overturning the previous decisions of the WTO and AAC. The Tribunal's reversal of the AAC's order in the income tax matter was pivotal in establishing the validity of the partial partition and its impact on the assessment of the HUF's wealth. en-us Tue, 17 May 1983 00:00:00 +0530 Mon, 14 Mar 2011 18:50:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67839 The Tribunal allowed the appeal, ruling in favor of the assessee regarding the validity of the partial partition of the Hindu Undivided Family (HUF). The Tribunal's decision, based on a Supreme Court precedent, recognized the legality of the partial partition involving the mother and minor children without the consent of coparceners. Consequently, the assets divided during the partial partition were excluded from the assessment of the HUF's wealth, overturning the previous decisions of the WTO and AAC. The Tribunal's reversal of the AAC's order in the income tax matter was pivotal in establishing the validity of the partial partition and its impact on the assessment of the HUF's wealth. Case-Laws Wealth-tax Tue, 17 May 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67839