§ 503
Chapter XXIII — Miscellaneous
Service of notice when family is disrupted or firm etc., is dissolved
Income-tax Act, 2025
✍️ A plain-language summary of this section is being prepared. Below is the official text.
📜 Official text
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.
(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.
Service of notice in case of discontinued business.
Plain-language summary — not the official text. Refer to the bare Act and confirm with a professional for your specific case.
Related sections
§ 499Certain transfers to be void§ 500Provisional attachment to protect revenue in certain cases§ 501Director or Director. Service of notice, generally§ 502Authentication of notices and other documents§ 504Service of notice in case of discontinued business§ 505Submission of statement by a non-resident having liaison office