Huf related
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 June 2016
I have a FD in my HUF A/c. can the Quarterly int. be credited on this a/c, to my personal SB A/c. ?
Kaushik Joshi
(Expert)
13 June 2016
Dear Anonymous,
You can credit the interest in your SB account. However it'll be taxed in the hands of the HUF
Rupesh Jain
(Expert)
24 June 2016
no, you cannot do that due to FDR of the HUF and income taxable in hand of HUF.
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