Separate account for return filing as huf
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 February 2013
Dear Sir,
Is it mandatory to open a separate bank account and do all transactions through it in order to file tax returns as HUF.
Is is possible that I bifurcate certain transactions in my individual bank account as HUF income/expenditure and file my returns both as individul and as HUF.
Thanks!
Is it mandatory to open a separate bank account and do all transactions through it in order to file tax returns as HUF.
Is is possible that I bifurcate certain transactions in my individual bank account as HUF income/expenditure and file my returns both as individul and as HUF.
Thanks!
03 February 2013
Tax authorities will not allow such facility.
.
Separate account has to be opened for the HUF.
.
.
Separate account has to be opened for the HUF.
.
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