https://www.taxtmi.com/caselaws?id=22518 A notional partition under section 6 of the Hindu Succession Act is confined to determining the deceased coparcener's share and does not alter the Hindu undivided family as a taxable entity. Once that share devolves on the heirs, it ceases to belong to the family and cannot be treated as part of its net wealth for wealth-tax purposes. Section 20 of the Wealth-tax Act is only a machinery provision for recognising partition in assessment and does not justify inclusion of property that has already passed out of the family. The deceased's devolved share is therefore not includible in the HUF's net wealth. en-us Fri, 04 Jan 1991 00:00:00 +0530 Thu, 10 Dec 2009 18:01:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22518 A notional partition under section 6 of the Hindu Succession Act is confined to determining the deceased coparcener's share and does not alter the Hindu undivided family as a taxable entity. Once that share devolves on the heirs, it ceases to belong to the family and cannot be treated as part of its net wealth for wealth-tax purposes. Section 20 of the Wealth-tax Act is only a machinery provision for recognising partition in assessment and does not justify inclusion of property that has already passed out of the family. The deceased's devolved share is therefore not includible in the HUF's net wealth. Case-Laws Wealth-tax Fri, 04 Jan 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22518