close Change the way you learn with CCI Online Coaching   view more

Please Wait ..

Sign-in to your account


Username:
Password:

Remember Me

Forgot your password?

Sign-up now



Join CAclubindia.com and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.


Discussion > Income Tax > Tax queries >

Huf query

    Post New Topic
Pages : 1





ADVOCATE and TAX CONSULTANT

[ Scorecard : 119]
Posted On 02 June 2012 at 11:27 Report Abuse

can one pls help ? iam having a query on huf, i have one doubt my client is muslim he want to to take huf pan card ? whether he is eligible to take huf pan card, he is a married and having 5 children.

actually i want to know the eligibility of huf ? and investment of capital? last 6 months back his father is died. he gives a gift of rs 2 lacs by way of gift he(father)  is not an assessee. let me know the full details of huf ? pls help me

 

 



Prateek Agarwal
Sr. Executive - Finance & Accounts

[ Scorecard : 1724]
Posted On 02 June 2012 at 12:01

HUF stands for Hindu Undivided Family.

A Muslim cannot form an HUF under the Income Tax Act. 

Even Buddhists, Sikhs & Jains can form an HUF, but muslims cannot.



There are 1 Replies to this message






Related Files








Related Threads


Post your reply for Huf query



Your are not logged in . Please login to post replies

Click here to login


Not a member yet ?? Click here to signup

Message







    

  • Use thank button to convey your appreciation.
  • Maintain professionalism while posting and replying to topics.
  • Try to add value with your each post.