Service of notice when family is disrupted or firm etc., is dissolved
[Section-503 as per the Income Tax Act, 2025 (this Act) w.e.f. 1st April, 2026.]
Section 503(1) of Income Tax Act 2025
503(1) After a finding of total partition has been recorded by the Assessing Officer under section 315 for any Hindu family, notices under this Act in respect of the income of the Hindu family shall be served on the person, who was its last manager, or, if such person is dead, then on all adults who were members of the Hindu family immediately before the partition.
Section 503(2) of Income Tax Act 2025
503(2) Where a firm or other association of persons is dissolved, notices under this Act for the income of such firm or association may be served on any person, who was a partner (not being a minor) or member of the association, immediately before its dissolution.
FAQs on Section 503 of Income Tax Act 2025
Who should receive a notice under the Income Tax Act, 2025, when a Hindu family is totally partitioned?
The notice shall be served on the person who was the last manager of the Hindu family. If that person is deceased, it must be served on all adult members of the family who were part of it immediately before the partition.
Which section of the Income Tax Act, 2025 governs the service of notice in case of family partition?
Section 503(1) of the Income Tax Act, 2025 governs this situation.
What must occur before notice can be served under Section 503(1)?
A finding of total partition must be recorded by the Assessing Officer under section 315 of the Income Tax Act, 2025.
Who can be served a notice when a firm is dissolved under the Income Tax Act, 2025?
The notice may be served on any person who was a partner (not being a minor) of the firm immediately before its dissolution.
Who can be served a notice when an association of persons (AOP) is dissolved?
The notice may be served on any person who was a member of the AOP immediately before its dissolution.
Which provision of the Income Tax Act, 2025 deals with service of notice after dissolution of a firm or AOP?
Section 503(2) of the Income Tax Act, 2025.
Is a minor partner eligible to receive notice after dissolution of a firm?
No, notices can only be served on partners who are not minors.
Can more than one person receive the notice under Section 503(1) in case of a Hindu family partition?
Yes, if the last manager is deceased, notices must be served on all adults who were members of the Hindu family before the partition.
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