Saving tax while selling a property

Yes, you will be required to pay STCG, as in case of house property exemption is allowed u/s54 only if the asset sold is an long term asset i.e. held for more than 36months.

You will have to go by law & act accordingly of what the law allows.  So hold down your property for more 2 years, & then you will get exemption.

You can minimize the STCL by increase your cost of improvement if u have made any addition/renovation to the assets. Elso no exemption is available on STCL.

Ok. How can I mitigate my STCG tax assuming I am in the 30% tax bracket? Can I form and transfer the property to my own HUF. (Remember, there might be no STCG gains for this transaction if I (individual) transfer to my HUF at such value that will get my Indexed Cost of Acquisition equal to Sale Value). Then I (i.e. my HUF) will sell the property. Whatever STCG Gains will be accrued in the hands of the HUF. But atleast the tax on such STCG will be after availing the Exemptions Limits and also availing the slab rates, right. So I (individual) won't have to pay @ 30% but will avail the slab benefits in this transaction?

Please discuss the feasibility.