Tag Archives: ITA No. 736/Chny/2018

HUF Property can not be taxed in individual coparcener name : ITAT

By | February 14, 2019

Held Hindu Undivided Family is not a legal entity under the common law. Therefore, it cannot hold any property / title over the immovable property. Hence, the registered sale deed for purchase of the property in question has to be in the individual name of the coparcener. In this case on our hand, the assessee… Read More »