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HOUSE RENT IN HUF HAND


Kamal Verma (Financial advisor)     22 September 2020

Kamal Verma
Financial advisor 
 24 likes  487 points

| My Other Post

Dear Experts,

Can an individual receive rent from let out property in the hand of his HUF, since the property is in the name of individual?

avater

Sagar Patel (Tax and Business Consultant)     22 September 2020

Sagar Patel
Tax and Business Consultant 
 984 likes  11086 points

View Profile | My Other Post

If the Property is in the name of individual, than individual can receive rent and also Chargeable to tax in hands of individual only...
If the Property is in the name of HUF, than HUF will receive rent and also Chargeable to tax in hands of HUF.


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