Huf accounting entry
Bhavesh Panchal (B.Com) (26 Points)
23 January 2016
HUF Received of Rs.500000/- as a gift from his Father in Law, so how dose its entry
Bhavesh Panchal (B.Com) (26 Points)
23 January 2016
CMA Poornima Madhava
(CMA)
(13107 Points)
Replied 23 January 2016
Father-in-law of HUF!!! ? How can HUF have father-in-law? As I understand, HUF is a separate legal entity different from an individual. Do you mean Father-in-law of Karta/Coparcener?
Trilochan mohapatra
(----)
(249 Points)
Replied 24 January 2016
CAclubindia
