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Accounts

This query is : Resolved 

13 March 2012 Dear Sir,

I give 20000 from my indivisual accout to my huf account than intrest paid on receivable amount or not in huf

13 March 2012 If you have given the amount as laon, then you can recover interest from the HUF.

13 March 2012 if i not charge interest from huf than any query rase from incometax department

13 March 2012 There should not be any problem as long as you show the amount as loan in the books of the HUF.


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