Huf funding

Greetings All,

I have recently opened an HUF account and got my HUF PAN card. Could anyone suggest me what would be the best way to fund my HUF account?

My mother has recently sold a property and received some proceeds from that, and also I have some funds in my account. What would be the best way to fund the account in this scenario?

Replies (2)
Dear Raj, your mother can gift it to your Huf. You can gift money to ur mom and in turn she can gift it to ur huf. But this should be planned well.

Thank You Ms Desai, but also there is a limit for receiving gift right?

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