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Distribution of capital asset on total or partial partition of HUF - (New) Section 70(1)(a) / (Old) Section 47(i)
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....s transfer Transferor Transferee Capital asset What is the cost in the hands of transferee Period of Holding (PoH) 70(1)(a) Distribution of capital asset on total or partial partition of HUF HUF Any person (member of HUF) Any capital asset [ For more detail refer this chapter ] The cost for which the previous owner of the property acquired it, as incre....
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