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      Income Tax

      Whether an amount received by an Individual (a co-parcener to the HUF) from this HUF would be taxable in his hands.

      16 May, 2018

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      Manual - Exempted Income u/s 10 - Assessee Specific

      As per section 10(2) such receipt shall be exempted in the hands of assessee.

      However, such exemption is subject to Section 64(2)

      Topics

      ActsIncome Tax
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