Tax treatment in case of sale of huf property
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 September 2011
The case is :-
Three brothers A, B, C acquired a HUF property on their father's death, when the HUF got dissolved.
Now two of them (B & C) want to give away the property to A.
What is the best option for B & C, so that no tax arises in any manner.
(1) Gift
(2)Relinquishment
(3)Sale
Three brothers A, B, C acquired a HUF property on their father's death, when the HUF got dissolved.
Now two of them (B & C) want to give away the property to A.
What is the best option for B & C, so that no tax arises in any manner.
(1) Gift
(2)Relinquishment
(3)Sale
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