Share of Profit HUF

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..... Greetings Can a HUF who is having shares as investments for more than 5 years, book LTCG on a part(50%) of it and distribute the proceeds (PROFIT) as gift OR share of porfit among the Karta Copa .....

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..... rcerners.. If yes, 1.What will the tax implication of the same. (wrt gift tax) 2. Will Sec 10(2) be applicible or not ? 3. What ratio should the distribution take place or it can be left to the Ka .....

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..... rta's discretion ? - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = You may better approach to an expert in income tax for clearing your all doubts. - Share of Profit HUF - Query Started .....

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..... By: - RK B Dated:- 14-2-2018 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxm .....

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..... anagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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