Huf funding

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ac
155 Points Joined March 2009

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?

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On 18 November 2013 at 11:47 Report
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PRACTICING CA AND ENTERPRENEUR
92 Points Joined March 2007
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.
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On 18 November 2013 at 12:51
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ac
155 Points Joined March 2009

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

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On 18 November 2013 at 13:12


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