Interest free loan to huf
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 August 2011
if father or father`s huf gives interest free loan to son`s huf and later invest it in fd? than clubbing provision applies or not?
06 August 2011
Clubbing provisions apply in case of gifts and not in case of loans.
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