https://www.taxtmi.com/forum/issue?id=113408 Whether an HUF may realise part of long held shares, treat the proceeds as long term capital gains and distribute those proceeds to the Karta and coparceners as gifts or share of profit-with attendant questions on gift tax treatment, applicability of the cited exemption provision, and the required distribution ratio-is posed; the sole reply advises consulting an income tax expert and offers no definitive legal guidance. en-us Wed, 14 Feb 2018 13:56:35 +0530 Thu, 23 Jan 2025 15:55:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=113408 Whether an HUF may realise part of long held shares, treat the proceeds as long term capital gains and distribute those proceeds to the Karta and coparceners as gifts or share of profit-with attendant questions on gift tax treatment, applicability of the cited exemption provision, and the required distribution ratio-is posed; the sole reply advises consulting an income tax expert and offers no definitive legal guidance. Discussion-Forum Income Tax Wed, 14 Feb 2018 13:56:35 +0530 https://www.taxtmi.com/forum/issue?id=113408