Sum received by a co-parcener from Hindu undividual family is.
A. Exempted in the hands of co-parcener
B. Exempted in the hands of HUF.
C. Taxable in the hands of co-parcener
D. None of these.
Answer:A
Sum received by a co-parcener from Hindu undividual family is.
A. Exempted in the hands of co-parcener B. Exempted in the hands of HUF. C. Taxable in the hands of co-parcener D. None of these.