Property transfer to huf u/s 64(2)
sagar (mathura) (214 Points)
22 October 2015sagar (mathura) (214 Points)
22 October 2015
Ruchi
(CA)
(1410 Points)
Replied 25 October 2015
Sec 64(2) would apply if self acquired property is converted into joint family property. And hence income would be chargeable in the hands of transferor ie the individual and not HUF...
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