harsh (C.A.) 23 August 2008
land is in the books of the firm, firm has three partners, A(HUF), B son of A, C son of A, land has to be sold , can family partition save tax , if the firm is dissolved for effecting family partition , is the requirement of registration waved, will there be capital gain in the hands of the firm on dessolution for family partition.
RAM DEO KAKRA (ADVOCATE ) 24 August 2008
full facts require for ans. taxation querry.capital gain depends on holdig period of assets .
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