A PROPERTY WAS PURCHASED BY THE HUF AND TWO OTHER INDIVIDUALS JOINTLY. THE SAID LAND WAS ACQUIRED BY THE GOVT AND COMPENSATION PAID. CAN WE OPEN JOINT SAVING ACCOUNT OF ALL THE PROPERTY HOLDERS AND DISTRIBUTE THEIR SHARE OF THE COMPENSATION AS PER LAND HOLDING SHARE IN THEIR REGISTRY.
Menu
Joint account of huf and individual
Replies (1)
No. Banks do not open joint account with HUF.
Recent Topics :
- GSTR1 amendment Bulk bills
- Capital Gain on Sale of Gold
- GST SALES RETURN MISSING 2025-26 FY
- Enquiry on FAST-DS system generated email
- Capital gain on sale of agriculture land
- Demand from TRACES
- FY 2025-26 ITC CLAIM DUE DATE
- 96084000 and 48202000 HSN code ka Tax Rate kya hai
- Clarifications for intra day transactions
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
Related Topics :
CAclubindia
