I am filing income tax return under HUF for the first time. under what head the income to be calculated sir. assessee has no rental income or salary or business income sir. would interest on sundry debtors be allowed sir?
I am filing income tax return under HUF for the first time. under what head the income to be calculated sir. assessee has no rental income or salary or business income sir. would interest on sundry debtors be allowed sir?
Sundry debtor suggest that there should be any business, if HUF given loan to others and charge interest it is chargeable under the head "Income from other Sources. After a certain limit specified intt payer must have deducted TDS also pl check/match with Form 26AS too.
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