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Capital gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 November 2011 can i transfer/gifted my house to my huf
huf consisit of myself my wife and 2 childeren
is any capital gain attracted
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CMA Nishad Patkar

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CMA Nishad Patkar (Expert)
12 November 2011 conversion of individual property into the property of huf is an exempt transfer.

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