Is Distribution Of Capital Assets by HUF to Its Members Taxable?

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If a house-property belonging to an HUF is divided (in 4 portion) and then transferred to Karta and his 3 sons, what will be the tax impact of this transaction in the hands of HUF and each of the co-parcener?viki1102@……com The house property is a capital asset. Its transfer result in capital gains which is…

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