https://www.taxtmi.com/caselaws?id=68980 The Tribunal concluded that the partial partition executed by the assessee was valid under Section 171 of the Income-tax Act, 1961. The cash amounts had been effectively taken out of the joint family fold and allocated to specific members or groups. The Tribunal held that the ITO's refusal to recognize the partial partition was erroneous and directed the department to recognize the partial partition. Consequently, the income attributable to the partitioned assets was not to be included in the assessment of the joint family, and the appeal filed by the assessee was accepted. en-us Tue, 13 Mar 1984 00:00:00 +0530 Mon, 04 Apr 2011 12:31:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68980 The Tribunal concluded that the partial partition executed by the assessee was valid under Section 171 of the Income-tax Act, 1961. The cash amounts had been effectively taken out of the joint family fold and allocated to specific members or groups. The Tribunal held that the ITO's refusal to recognize the partial partition was erroneous and directed the department to recognize the partial partition. Consequently, the income attributable to the partitioned assets was not to be included in the assessment of the joint family, and the appeal filed by the assessee was accepted. Case-Laws Income Tax Tue, 13 Mar 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68980