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HUF taxation and deductions

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atharva mutalik

34 Points Posted on 15 August 2023

under HUF PAN, should all investments be made separately to claim deductions under chapter VI A - like 80C, 80D etc..

or karta's investments can be claimed in HUF as well

karta's income is exceeding BEL and he is filing his ITR claiming all the deductions under his PAN as well

so pls guide us on this
for HUF should we make separate investments ?

Replies (3)

Quick Summary

This discussion clarifies how to claim tax deductions under Chapter VI-A, such as 80C and 80D, for Hindu Undivided Families (HUFs). It advises making separate investments using the HUF's bank account and PAN to ensure deductions are correctly claimed for the HUF, distinct from the Karta's personal income and deductions.