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HUF INCOME RECD.IN THE HAND OF INDIVIDUAL KARTA

25 November 2018

HUF INCOME RECD. IN THE HAND OF KARTA AND TDS DEDUCTED ON THE PAN OF KARTA HOW TO DECLARE THE INCOME IN ITR AND TDS CLAIM

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2 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (195623 Points)
Replied 25 November 2018

Is it HUF income?

Then why the TDS is deducted in individual's PAN?

Nitesh bind (Student CA Final ) (12692 Points)
Replied 26 November 2018

There is a mistake in Transactions here... Because if Karta itself means the person who is working in REPRESENTATIVE CAPACITY on behalf of HUF.

If TDS has been deducted in Karta (Individual name) means Deductor has also shown the expense in Karta's Individual Name. So record the transaction accordingly OR get your bill modified from Deductor and ask Deductor to revise his return of TDS as well (Practically too much).

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