Mr. Sukant a member of an HUF converted his self-acquired property as the property of HUF. The Income from the property shall be taxable in the hands of:
A. Mr. Sukant
B. The HUF
C. At the option of the HUF
D. None of the above
Answer:A
Mr. Sukant a member of an HUF converted his self-acquired property as the property of HUF. The Income from the property shall be taxable in the hands of:
A. Mr. Sukant B. The HUF C. At the option of the HUF D. None of the above