its posible to Karta transfer 500000 amount in his HUF ac
any tax issue if he transfer this or not...??
any cap to transfer limit of he transfer more amount as he required
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Its possible karta transfer amount in his huf
Replies (3)
1. Yes.
2. Depends upon nature of transfer be it loan or gift or any payment etc.; but generally not taxable..
3. No limit.. but difficult to reverse in case of gifts....
THANKS SIR FOR SUPORTS
Most Welcome ....
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