FAMILY SETTLEMENTS AND FAMILY ARRANGEMENTS (With Tax Planning Aspects) Including PARTITION
(With Analysis of Case Laws)
CA VIRENDRA K. PAMECHA, F.C.A., D.I.S.A. (ICAI)
ABOUT THE BOOK
Family arrangement or settlement is one of the modes of settling family disputes and dividing property amicably. Courts always honour a family settlement or a family arrangement if done in bona fide manner and for a genuine purpose of family peace and honour. Therefore, the book analyses various court cases on the issue and concludes some established principles.
Tax implications of family settlements to be considered while arriving at any family settlement are also explained in the book.
The main thrust is to reach to an agreement providing for the resolution of all conflicting and disputed claims to maintain family honour and prestige. And, so various formats/specimen and drafting tips are also given along with provisions relating to payment of stamp duty. All these important issues are explained in this book.