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CAPITAL GAIN

This query is : Resolved 

26 December 2020 TO WHOM INCOME TAX CHARGEABLE
IF A MEMBER RECEIVED A PROPERTY AS A GIFT FROM HUF AND THEN SUCH MEMBER SALE THAT PROPERTY THAN WHOSE INCOME WILL BE CONSIDER AS CAPITAL GAIN. HUF OR MEMBER?

27 December 2020 Capital gains will be taxable in the hands of .Member

28 December 2020 Yes...it will be charged in the hand of the members only.






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