The share of a member of an HUF is
A. Taxable in the hands of members
B. Exempt is the hand of member
C. Partly exempt
D. 40% taxable 60% exempt
Answer:B
The share of a member of an HUF is
A. Taxable in the hands of members B. Exempt is the hand of member C. Partly exempt D. 40% taxable 60% exempt