huf affidavit

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Clarification regarding HUF cannot be partner in a partnership firm


Clarification that HUF cannot be a partner but its karta or any individual of HUF can be a partner in a partnership firm in its individual capacity and not the HUF

Simplification of ITR forms and issue of Pan cards


The Government has simplified Income Tax Returns ITR Forms for individuals and HUFs not having business or professional income In ITR Form No 2 and 2A the main form does not contain more than three pages and other information relevant for computation of income will be captured in the schedules which

Electronic Filing of Income Tax Returns for 2015-16 Commences


Electronic Filing of Income Tax Returns for 2015 16 Commences ITR 1 Sahaj 2 and 2A can be Used by Individuals or HUF Whose Income Does not Include Income from Business ITR 4S SUGAM can be Used by an Individual or an HUF Whose Income Includes Business Income Assessable on Presumptive Basis Taxpayers

ITR 1,2 and 4S simplified for convenience of taxpayers


Income Tax Return Forms ITR 1 2 and 4S Simplified for Convenience of the Tax Payers A New Form ITR 2A Proposed which can be Filed by an Individual or HUF who does not have Capital Gains Income from Business Profession or Foreign Asset Foreign Income In Form ITR 2 and the New Form ITR 2A the Main For

No Change in the Rate of Personal Income-Tax


Surcharge 12 Levied on Individuals HUFs AOPs BOIs Artificial Juridical Persons Firms Cooperative Societies and Local Authorities Having Income Exceeding Rs 1 Crore The Union Finance Minister Shri Arun Jaitley in his Budget Speech in Lok Sabha today proposed no change in the rate of personal Income t

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Experts Opinions

property in the name of HUF


Hi I have a property in the name of me and my wife Both of us are members of a HUF with PAN and I am the karta of the HUF Can I accept the rent for the property as the HUF with the TDS being deducted in the HUF s PAN

Gift from HUF to member


kindly help me wheather gift received by member from HUF is taxable or not

huf w-d-w


Is it possible for a Widow with one major son one married daughter and one unmarried major daughter to form a Huf

HUF PPF 80C


Gud morning We all know that HUF cannot invest in its name in ppf but the same HUF can make nvestment in its membera ppf account and avail the benefit of 80C My query is if member is also taking benefit of 80c in full from some other means apart from ppf of 80c investment then is it possible for huf

Can huf be formed without two male person


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Discussion

Property in the name of huf

Hi I have a property in the name of me and my wife Both of us are members of a HUF with PAN and I am the karta of the HUF Can I accept the rent for the property as the HUF with the TDS being deducted in the HUFs PAN

Huf and iec

Can a HUF occupy IEC code if yes then it will be generated on who s name

Creation huf & corpas

Respected Experts please resolve my following queries 1 A person was married in 2014 and during the marriage gift of Rs 3 Lakh was Received during the marriage and when a baby was born after 2 years at that time gift of Rs 50000 during that time while forming the HUF how to declare that in HUF Deed

Huf jobwork income

Can HUF do labour job work Hand work job no machinery required of KARTA s Pvt Ltd Firms

Gift from huf

Gift received from HUF is exempt or taxable

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File Download

  • Declaration under 94A Affidavit

    Declaration under 94A Foreign transaction Affidavit required Rs 100 stamp paper as per assessment Notary SHAILESH SHINDE ASSOCIATES
  • IT Interest Calculator FY 2015-16 AY 2016-17

    Calculates Interest u s 234A 234B and 234C for FY 2015 16 AY 2016 17 for Individuals HUF Firms And Companies in a very easy and simple manner The size of this Excel Utility is just 19 KB In case of any queries or feedback please email me at ca prakashdugar gmail com
  • Income Tax Calculator FY 2016-17 AY 2017-18

    Calculates Income Tax For FY 2016 17 AY 2017 18 For Individuals HUF Firms And Companies in a very easy and friendly manner The size of this excel utility is just 15 KB This is only a Tax Calculator and it does not compute your Taxable Income In case of any queries or feedback please email me at ca prakashdugar gmail com
  • SBI Loan Affidavit in Excel Format

    THIS AFFIDAVIT FORMAT IS USED WHILE TAKING CASH CREDIT FROM STATE BANK OF INDIA
  • Form No. INC-9

    INC 9

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Articles

Section 56(2)(vii): Gifts Received by Individual and HUF


Analysis of TAXATION OF GIFTS Crux Section 56 2 vii Gifts Received by Individual and HUF 1 This section is applicable only when gifts are received by individual and HUF As per the Income Tax Act receiver of gifts is taxed Donor is not taxed under this section 2 Gifts can be in cash or kind Money giv


What is HUF ?


An HUF is a separate entity that can be created by members of a family wherein the members are lineal ascendants or descendants Hindus Buddhists Jains and Sikhs can open HUFs A single person cannot create an HUF Usually the senior most member of the family is considered thekarta the person who manag


Assessment of HUF with perspective of important & recent cases


Hindu Undivided Family HUF A fresh perspective with important recent case laws Background U s 4 of the Income Tax Act 1961 income tax is payable by every person U s 2 31 Person is defined to include a Hindu Undivided Family HUF Section 3 of the Wealth Tax Act 1957 also indicates that wealth is charg


How to reduce tax liability through HUF?


How to reduce tax liability through HUF In this article we will discuss how to reduce the Tax Liability using HUF As it is a separate legal entity in the eyes of Income Tax Act Formation of a HUF Typically a HUF is automatically created As the name suggests a HUF means a family of Hindus However und


Benefits of creating a HUF


HUF Total Basic Idea for Businessman Estate Planner WHAT IS A HINDU UNDIVIDED FAMILY 1 In general HUF means a body of persons lineally descendant from a common ancestor including their wives and unmarried daughters who are staying jointly 2 The head of the family who is the eldest male member genera


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Updated on : 1/20/2017 11:39:10 AM


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