76[Assessment after partial partition of a Hindu undivided family.
20A. Where a partial partition has taken place
after the 31st day of December, 1978, among the members of a Hindu undivided
family hitherto assessed as undivided,—
(a) such family shall continue to be liable to be assessed under this
Act as if no such partial partition had taken place ;
(b) each member or group of members of such family immediately
before such partial partition and the family shall be jointly and severally
liable for any tax, penalty, interest, fine or other sum payable under this Act
by the family in respect of any period, whether before or after such partial
partition ;
(c) the several liability of any member or group of members aforesaid
shall be computed according to the portion of the joint family property
allotted to him or it at such partial partition,
and
the provisions of this Act shall apply accordingly.
Explanation.—For the purposes of this section, “partial
partition” shall have the meaning assigned to it in clause (b) of the Explanation
to section 171 of the Income-tax Act.]
