Hindu undivided family
This query is : Resolved
07 December 2016
Sir,
I have doubt about Date Of Incorporation. We have one client who purchased property in 2011 on the name of all family members so can we make an affidavit for pan card taking date of incorporation before 2011 now?
I have doubt about Date Of Incorporation. We have one client who purchased property in 2011 on the name of all family members so can we make an affidavit for pan card taking date of incorporation before 2011 now?
07 December 2016
The property purchased can not be said to be HUF property as it is registered in joint names and therefore it is a joint property. The joint owners have to show their source of respective investment
09 December 2016
Thank you.. but the property is agricultural land and the tax consultant from whom they filed individual returns had not shown this land to their individual accounts.
09 December 2016
What is the treatment given to this Agricultural Land by them ? Is it treated as HUF Property ?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- CLOSING STOCK QUERY
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- Grand in aid
- IT returns for fresh job holders
- F&O reporting in ITR
- Difff in ais receipts and gst turnover
- Applicability of Books of Account for Commission Income (Sections 194D & 194H)
- Gst on travel by air for business purposes
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
