Income earned BY HUF



Sir,

I am working with Shares and Stock concern. For taxation purpose i want to know the following:

I want  to clarify the term HUF . what are the specification for creation of HUF.

By what means HUF can create Income.

Mainly HUF can gain Tax exemption if he earns income by Way of Agriculture income.

Please tell me what are the other income sources by which HUF can get Tax Benifit.

 

Thanks

Manoj Asher

 

 
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Founder & Director - Holistic Investment Planners (P) Limited

How to savemore tax by Creating a HUF?

Once, our venerable Finance Minister, Mr. M Chidambaram, has said, “Left to God, even he will not like to pay Income Tax”. Though as a responsible citizen of our country, we should pay our income taxes on time and should not avoid paying it.

 

http://holisticinvestment.in/blog/save-tax-by-creating-huf/

 

Regards

Ramalingam K, MBA, CFP,

Director and Chief Financial Planner,

Holistic Investment Planners

“Best Performing Financial Advisor Award” Winners from CNBC TV18

www.holisticinvestment.in

 
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Financial

 
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