https://www.taxtmi.com/forum/issue?id=5237 Where no partition has occurred, sale proceeds and resulting capital gains from an ancestral house are attributable to and taxable in the hands of the Hindu Undivided Family; mere receipt of amounts into bank accounts in the names of individual HUF members does not change taxability or transfer beneficial ownership. en-us Sun, 27 Jan 2013 07:15:53 +0530 Thu, 23 Jan 2025 15:57:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=5237 Where no partition has occurred, sale proceeds and resulting capital gains from an ancestral house are attributable to and taxable in the hands of the Hindu Undivided Family; mere receipt of amounts into bank accounts in the names of individual HUF members does not change taxability or transfer beneficial ownership. Discussion-Forum Income Tax Sun, 27 Jan 2013 07:15:53 +0530 https://www.taxtmi.com/forum/issue?id=5237