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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

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  2. PAN is necessary for the following assessees -
  3. The apex body of Income Tax Department. is
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  14. The Income Tax Act 1961 came into force on
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  28. Which one of the following taxes is not levied by the State Government?
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