My father is received rent income can he take the rent in his huf account
Manish
(Student)
(190 Points)
Replied 29 May 2019
CA Rashmi Gandhi
(Chartered Accountant)
(86318 Points)
Replied 29 May 2019
CS Advocate Abhishek Goyal
(M Com FCS LLB M-AIMA )
(13654 Points)
Replied 01 July 2019
He cannot transfer his personal income to his HUF. Because of two fundamental reasons:
1. House property does not belong to HUF.
2. Even if it is done, the same will be clubbed with the income of father only because of section 64.
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