Can a single coparcener maintain HUF status? Tax implications explored
A HUF with a father and son continued after the wife's death in 2010. The son separated from the HUF after receiving assets, leading to its dissolution. The father cannot retain HUF status post-partition and must report it to the income tax officer
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A HUF with a father and son continued after the wife's death in 2010. The son separated from the HUF after receiving assets, leading to its dissolution. The father cannot retain HUF status post-partition and must report it to the income tax officer
