Deductions u/s 80C for HUFs
This query is : Resolved
VIKKI SINGHVI
(Querist)
01 April 2011
I would like to know that in which investments u/s 80C, an HUF assessee can claim deduction for AY 2011 - 12?
01 April 2011
all the invetsments eligible for deduction to an individual are eligible for HUF. The only thing you have to keep in mind that, the investments must be made out of taxable income of HUF and shall be made for the members/coparcners of the HUF.
Rameshwar Patel
(Expert)
02 April 2011
The answer of Mr Prasad is very Right....
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