HUF Pan card : members only husband and wife

1. Yes

2. Marriage certificate, PAN Adhar & address proof for both; HUF incorporation deed.

3. Can be today itself.

Most Welcome...                                           

@ MPR Sanjay...

Date of Initial Recognition in the example is 20.10. 2022.

@ Dhiraj Lal sir, when my party paying that day I should have to recognise foreign gain or loss in my profit and loss a/c..

Yes, it will be profit on the day of payment recognition.

Its a rule, just remember it, there cannot be explanation to it.

But what is the replacement cost of the inventory?

Replacement cost of inventory on the date of records...