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

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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)

 

Dated: 16-5-2018



 

 

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