https://www.taxtmi.com/caselaws?id=37882 The High Court upheld the Tribunal's decision that properties subject to partial partition in a Hindu Undivided Family did not belong to the HUF on valuation dates. It was ruled that Section 20 of the Wealth Tax Act did not apply to partial partition cases, and individual assesses were entitled to a one-seventh share and exemption under Section 5(1)(iva) of the Act. en-us Thu, 10 Aug 1978 00:00:00 +0530 Thu, 01 Apr 2010 15:46:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37882 The High Court upheld the Tribunal's decision that properties subject to partial partition in a Hindu Undivided Family did not belong to the HUF on valuation dates. It was ruled that Section 20 of the Wealth Tax Act did not apply to partial partition cases, and individual assesses were entitled to a one-seventh share and exemption under Section 5(1)(iva) of the Act. Case-Laws Wealth-tax Thu, 10 Aug 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37882