Property in huf name
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 August 2011
I want to buy property in my HUF name, but the funds are not there, should I transfer funds from my account and other member of the HUF. How the amount transfer should be treated as gift or interest free loan to HUF.Any other suggestion.
CA. Anoop Gadia
(Expert)
25 August 2011
transfer as interest free loan.
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