Payment by huf from its income to karta

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 February 2014 Can payment made by HUF out of its income from the shares/ property to its Karta exempt u/s 10(2)or u/s 60? or taxable as income in the hands of karta?

If income is in the form of profit on sale of investment made by HUF then whether position of taxability will change?

28 February 2014 not taxable in hands of karta...


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