https://www.taxtmi.com/caselaws?id=13140 The court ruled in favor of the assessee, upholding the validity of the partial partition between two groups within the Hindu undivided family. The court found the partition to be valid under section 171 of the Income-tax Act, as it involved dividing the family's interest in a firm between the groups. The court emphasized that the partition did not need to encompass all family assets or members to be considered valid, referencing previous judgments and legal interpretations. Consequently, the court did not address the validity of the Commissioner's order under section 263, rendering it moot. en-us Mon, 20 Dec 1999 00:00:00 +0530 Tue, 26 May 2009 16:18:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13140 The court ruled in favor of the assessee, upholding the validity of the partial partition between two groups within the Hindu undivided family. The court found the partition to be valid under section 171 of the Income-tax Act, as it involved dividing the family's interest in a firm between the groups. The court emphasized that the partition did not need to encompass all family assets or members to be considered valid, referencing previous judgments and legal interpretations. Consequently, the court did not address the validity of the Commissioner's order under section 263, rendering it moot. Case-Laws Income Tax Mon, 20 Dec 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13140