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+91-9654438893
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HUF Partition Deed
Hindu Undivided Family (HUF) is one of the oldest forms of business in India which is governed by the provisions of Hindu Succession Act 2005. However, in order to legally divide the properties of the HUF amongst its members, the said partition needs to be backed by an HUF partition deed and the same shall need to be registered with the registrar. The said deed is also required under Income Tax Act as a legal backing to the said partition.
Procedure:
Providing information regarding the property to be partitioned along with other details.
Drafting the HUF Partition deed based on the information provided by client.
Review of the HUF Partition deed and sending the final draft to the client.
Registration of the HUF Partition deed with the registrar.
Details required:
- Name of the Karta and the other member of the HUF;
- Details of the properties to be partitioned;
- Date of the partition to take place;
- Other details as required.
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