Subscribe TechModgy to learn about new technologies!

If a self occupied property is converted into HUF property without adequate consideration then

A. Entire income from such property will be clubbed with the income of the transferor

B. 50% of such income will be clubbed

C. Such income will not be clubbed

D. None of the above

Please do not use chat terms. Example: avoid using "grt" instead of "great".