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Distribution of AOP Assets between members of AOP, Income Tax

Issue Id: - 115841
Dated: 2-1-2020
By:- Sanjay Mehra

Distribution of AOP Assets between members of AOP


  • Contents

Dear Sir

AOP having four family members as members of AOP having investment in shares of closely held companies and one property, now due to division between the family members, Investment in Shares will go to one brother and property is going to remaining brothers. Please advice how to handle the issue.

Thanks

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