An agricultural land is own by three owners . The two owners are two brothers HUF. The third owner is the mother of the both Karta of HUF .
Can the mother release her share by registered deed for the remaining two owners?
Menu
Deed of Release of Property
Replies (1)
Yes, she can; but the same will be taxable in the hands of both the HUFs.
Recent Topics :
- Foreign remittance
- Affordable Residential Flats in Gurgaon
- Manufacturing
- TAN REGISTRATION ON E-FILLING SITE
- Form 10-IEA – Continuing Old Regime
- Income tax act 2026
- Belated Return where Form 10IEA filed this year to
- GST Reconciliation Tool (2A vs Books) - looking fo
- TDS ON PF FORM 19 WITHDRAWAL
- Can a virtual office in Mumbai be used for company
Related Topics :
CAclubindia
