https://www.taxtmi.com/manuals?id=960 Distribution of a capital asset on the total or partial partition of a Hindu undivided family is treated as a transaction not regarded as a transfer. The transferee's cost is linked to the previous owner's cost, including any improvement cost, and the previous owner's period of holding is also included in the transferee's period of holding. The text presents this treatment as a comparative reference between the earlier and current provisions governing HUF partition distributions. en-us Tue, 25 Aug 2015 17:20:00 +0530 Thu, 28 May 2026 17:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=960 Distribution of a capital asset on the total or partial partition of a Hindu undivided family is treated as a transaction not regarded as a transfer. The transferee's cost is linked to the previous owner's cost, including any improvement cost, and the previous owner's period of holding is also included in the transferee's period of holding. The text presents this treatment as a comparative reference between the earlier and current provisions governing HUF partition distributions. Manuals Income Tax Tue, 25 Aug 2015 17:20:00 +0530 https://www.taxtmi.com/manuals?id=960