https://www.taxtmi.com/caselaws?id=56894 The Tribunal allowed the appeals filed by the assessee HUF, recognizing the validity of the partial partition involving fixed deposits and provision for marriage expenses. The Tribunal held that the partition was genuine, supported by consent of all members, including the minor son and daughter. Legal precedents and tribunal decisions supported the validity of the partition and provisions, contrary to the Revenue's objections. Consequently, the assessment of the HUF was to be modified to reflect the recognized partition, affirming the validity of the partial partition and its associated provisions. en-us Sat, 27 Feb 1982 00:00:00 +0530 Tue, 07 Dec 2010 12:48:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56894 The Tribunal allowed the appeals filed by the assessee HUF, recognizing the validity of the partial partition involving fixed deposits and provision for marriage expenses. The Tribunal held that the partition was genuine, supported by consent of all members, including the minor son and daughter. Legal precedents and tribunal decisions supported the validity of the partition and provisions, contrary to the Revenue's objections. Consequently, the assessment of the HUF was to be modified to reflect the recognized partition, affirming the validity of the partial partition and its associated provisions. Case-Laws Income Tax Sat, 27 Feb 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56894