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Huf accounting entry
HUF Received of Rs.500000/- as a gift from his Father in Law, so how dose its entry
Replies (2)
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?
Haha....karta ka hi hoga....HUF ka father-in-law kaise ho sakta hai...
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