Rent income in huf
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 May 2014
I have question related to my property and its let-out , I owned one flat in Mumbai and it is solely on my name, I am the only owner of this House. Now I want to receive the rent in my HUF account is it possible ?
20 May 2014
you will have to transfer the asset to the HUF first.
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