Property purchase in huf
Pushan Sikdar (3 Points)
21 June 2017Pushan Sikdar (3 Points)
21 June 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 21 June 2017
1. Yes
2. Yes
3.& 4 Yes........if ready to divide capital amongst family.
Main point is initial capital formation.............as any gifts from its members gets clubbing provision ......
Pushan Sikdar
(3 Points)
Replied 21 June 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 21 June 2017
No. Clubbing provision is applied when any tax liability is being transferred.
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