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![HUF Members Property Purchase Entitles Capital Gain Exemption u/s 54 of Income Tax Act : ITAT quashes Reassessment Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/ITAT-ITAT-Ahmedabad-Income-Tax-HUF-TAXSCAN.jpg "HUF Members Property Purchase Entitles Capital Gain Exemption u/s 54 of Income Tax Act : ITAT quashes Reassessment Proceedings [Read Order]")
HUF Member's Property Purchase Entitles Capital Gain Exemption u/s 54 of Income Tax Act : ITAT quashes Reassessment Proceedings [Read Order]
The Ahmedabad bench Income Tax Appellate Tribunal ( ITAT ) while quashing the reassessment proceedings held that Hindu Undivided Family ( HUF )...
![Coparcener can’t be Taxed for Capital Gain from Property purchased in his Name out of Income of HUF: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/10/HUF-Taxscan.jpg "Coparcener can’t be Taxed for Capital Gain from Property purchased in his Name out of Income of HUF: ITAT [Read Order]")
![Remuneration paid to HUF Members for the services rendered in the business is allowable under section 37(1): ITAT Quashes Re-Assessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/12/Remuneration-Taxscan.jpg "Remuneration paid to HUF Members for the services rendered in the business is allowable under section 37(1): ITAT Quashes Re-Assessment [Read Order]")