Dear All,
One of my friend going to sell land which cost will be more than one crore. This is his family land which he got after his father’s death.
He has opened HUF account and willing to take the money in that account instead of his personal account.
His personal income is not coming under income tax, so he never filed ITR.
Now under this situation what is the procedure of filing ITR for the HUF?
Thanks.
CAclubindia
