tax on converted property
Vikrant Singh (7 Points)
01 July 2018
income of the HUF from property converted by the individual into HUF property is taxable in the hand of?
1 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(185339 Points)
Replied 02 July 2018
The income derived from the converted property or any part thereof shall be deemed to arise to the individual and not to the family.
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