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Capital gain tax on sale of property to huf (Income Tax)

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This query is : Resolved


( Author )
24 June 2012

if i sale my land property in proprietory firm to my huf should i have to pay capital gain tax


CA PARAS BAFNA

( Expert )
24 June 2012

Yes. You will be assessed for Capital Gains
Tax.
.
HUF is a person different from its member.
.



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