https://www.taxtmi.com/caselaws?id=55775 The Tribunal upheld the recognition of a partial partition of the assessee-HUF for the assessment year 1974-75, allowing the appeal and rejecting the department's challenge. The decision validated the partition as a family arrangement, distinguishing it from previous cases due to the presence of a coparcener in the HUF. The Tribunal ruled in favor of the assessee, confirming the additions of income and interest payments related to the partition and deeming the interest on the partitioned sum non-taxable for the assessee-HUF. en-us Wed, 23 Nov 1983 00:00:00 +0530 Tue, 30 Nov 2010 09:33:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55775 The Tribunal upheld the recognition of a partial partition of the assessee-HUF for the assessment year 1974-75, allowing the appeal and rejecting the department's challenge. The decision validated the partition as a family arrangement, distinguishing it from previous cases due to the presence of a coparcener in the HUF. The Tribunal ruled in favor of the assessee, confirming the additions of income and interest payments related to the partition and deeming the interest on the partitioned sum non-taxable for the assessee-HUF. Case-Laws Income Tax Wed, 23 Nov 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55775