https://www.taxtmi.com/forum/issue?id=111105 Whether capital gains from sale of a plot held by an HUF qualify for the capital gains exemption when the new residential house is constructed on a plot held in an individual's name; taxpayer queried if gifting the target plot to the HUF before sale would help. The respondent confirmed the taxpayer's lawyer that the exemption is not available on the facts presented, noting other statutory conditions were stated as satisfied but offering no further detail. en-us Tue, 08 Nov 2016 01:34:58 +0530 Thu, 23 Jan 2025 15:56:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=111105 Whether capital gains from sale of a plot held by an HUF qualify for the capital gains exemption when the new residential house is constructed on a plot held in an individual's name; taxpayer queried if gifting the target plot to the HUF before sale would help. The respondent confirmed the taxpayer's lawyer that the exemption is not available on the facts presented, noting other statutory conditions were stated as satisfied but offering no further detail. Discussion-Forum Income Tax Tue, 08 Nov 2016 01:34:58 +0530 https://www.taxtmi.com/forum/issue?id=111105