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CAPITAL GAIN

This query is : Resolved 
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(Querist)
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?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
27 December 2020 Capital gains will be taxable in the hands of .Member
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Aashok Kumar Sharma online

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Aashok Kumar Sharma online (Expert)
28 December 2020 Yes...it will be charged in the hand of the members only.
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