Section 47(i) - Distribution of capital asset on total or partial partition of HUF - Income Tax - Ready Reckoner - Income Tax

Section 47(i) :- Distribution of capital asset on total or partial partition of HUF Section Transaction not regarded as transfer Transferor u/s 2(47) Transferee u/s 2(47) Capital asset involved u/s 2(14) What is the cost in the hands of transferee Period of Holding 47(i) Distribution of capital asset on total or partial partition of HUF HUF Any person (member of HUF) Any capital asset Cost to the previous owner i.e., cost in the hands of transferor HUF POH of previous owner shall also be considered.