LIVE GST Certification Course by CA Arun Chhajer begins 27th April. Register Now!!

What are present day tax planning tools for existing huf?

S S Dahale ( Agri and business) (439 Points)

20 March 2017

What are present day investmenst -tax planning tools that a existing HUF can follow to claim deduction under sce.80C ?( now , investments of Rs15000 in PPF is banned for HUF )

Reply
Follow
Share

4 Replies

(Guest)

Section 80D:
- This tax benefit is available to individuals and Hindu Undivided Families (HUF).
- Under Section 80D, the qualifying amounts are:
  - For self, spouse, and dependent children: Up to Rs.25,000.
  - For parents: An additional Rs.25,000.
  - For parents who are senior citizens: Rs.30,000.

5 Year Tax Saving Fixed Deposit

(Guest)

go through this link nice write up for huf

https://www.moneycontrol.com/news/business/personal-finance-business/how-can-huf-help-individual-to-save-income-tax-1264531.H T M L

(Guest)

go through this link nice write up for huf

https://www.moneycontrol.com/news/business/personal-finance-business/how-can-huf-help-individual-to-save-income-tax-1264531.H T M L

S S Dahale ( Agri and business) (439 Points)
Replied 28 March 2017

Thanks, what about elgible TAX PLANNING tools for a HUF (as per 80C) and as Govt.has declined to EXTEND PPF cosntribution/subscripttion by HUF to PPF ? what a HUF should Do ( properly planning )with that REDDEPMTION PROCEEDS of PPF of HUF