a property ie land appears inthe books of the firm in which A, B And C are partners, A is and HUF.. Huf consists of a the father and two sons B and C, and female members, in case of family partition will there be a requirement of registry in the name of the share holders,. will there be any capital gains on the transfer of land in the hands of the firm as the firm will dissolve and the assets will be distributed in the hands of the partners.