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Huf

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(Querist)
14 August 2012 How to generate income in huf? Can i show loan givenfrom mother?but how can i generate interest income
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
14 August 2012 Invest the amount in a fixed deposit. Interest from such fixed deposit shall be taxable in the hands of the HUF.
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