Huf agreement

annasrikanth (student) (202 Points)

12 August 2011  

Dear Sir /  MAdam

            my client is an HUF assessee, he wants to know whether the HUF can take Agricultural LAnd for Lease Purpose, than to consider the agricultural income in the books of accounts.

what is the procedure to get a lease for agrticultural land & whether to prepare lease agreemnet or not..

 

Thanking you advance