SECTION 54B AGRICULTURE LAND SALE AVBL TO HUF OR NOT -OPINION

SECTION 54B AGRICULTURE LAND SALE AVBL TO HUF OR NOT -OPINION


SECTION 54B AGRICULTURE LAND SALE AVBL TO HUF OR NOT -OPINION

Posted: 02 May 2010 08:10 PM PDT


Can any one clarify on the issue with case law if any, on the applicability of section u/s 54B to HUF.? In one of the case the assessing officer is of the view that capital gain benefits are avaialble only to the individual, as the reading of the section says assessee or a parent of his is...

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