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
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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