year 1984. In or about 1985, an agreement for family partition among Bachubliai, Dr. Ramesh and R.M. Shah, HUF was entered into ... properties including immovable properties described in the agreement of family partition dated 7-8-1985, were divided amongst members/coparceners by metes and bounds
been passed wherein the claim of partition had been accepted and further, the aforesaid property had been subject-matter of family settlement and a decree ... hands of the HUF and obviously as the sale was made after partition, the net value could only be regarded as the consideration accruing
facts that the assessee appellant has come up with explanation of partial partition of immovable assets of the HUF only after issue of notice under ... scrutiny. It was explained by the assessee that there was partial partition of the assets of HUF on 30th April, 1978 and, therefore, interest income
acceptance by the learned CIT(A) of the claim of total partition of the assessee HUF. Brief facts of the case are these : The assessee ... properties owned by the assessee HUF had been totally partitioned as per partition deed dated 31-3-1984. A request was made to the Assessing
relevant for the assessment year 1968-69. On that date a partial partition was effected in terms of memorandum of partition of the same date ... partitioned. It was further stipulated that "whereas a partition has also taken place on 14-8-1967 among the four members of the said
maintained in the name of HUF, if any, details of members and
partition deed, details of assets in the name of HUF, etc. In response ... year 1991. Further,
it was submitted that there was no written partition deed available and
it was only an oral partition and details of property
action of the ITO rejecting the assessee's claim for partial partition by passing an order Under Section ... chronological events till the date of partition of the land at Survey No. 769 situated at Kareli Baug, Baroda Kasba in city of Baroda
aforesaid plots in equal shares.
4. By virtue of the partition deed dated 19-6-1940 registered with Sub-Registrar of Abottbad in Book ... Devi Chand Sawhney in equal parts.
5. By virtue of the partition deed dated 7-8-1953 registered and entered as No. 2061 in Additional
According to the assessee, on 31-7-1969, there was a partition of the family when the capital of Rs. 14,716.66 was divided between ... were also its coparceners. The case of the assessee is that the partition is evidenced by the entries in the books of account, although decision
physical division of property shall not be deemed to be a partition within the meaning of section 171 . The assessing officer also referred ... Commissioner (Appeals) has passed a detailed order rejecting the claim of partition of the HUF on various grounds as under :
(i) That reopening of assessment
