Long term tax liability

Karta of Huf loan obtained his huf without interest. Amount invested in shares or mutual fund . Profit at the time is sales huf income or individual income . Please clarify the position
Replies (3)
Quick Summary
This discussion clarifies the tax implications of investments made using funds from a HUF loan that has no interest. It addresses whether profits from shares and mutual funds, when sold, are considered HUF income or individual income. The key to understanding the tax position lies in determining whether the de-mat account used for these investments belongs to the individual or the HUF.

The person who invested his amount in shares & mutual funds is an individual or huf 's de-mat account ?? Your answer is hiding in this question.

 

Long term tax liability
Huf income

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
16 July 2026
CA Inter, CA Intermediate, CA IPCC, CA CPT , CA SemiQualifie

Vakilsearch.com

Chennai

CA Inter

View Details
Company
22 July 2026
Senior Chartered Accountant

SKSS

Patna

CA

View Details
Company
ARTICLESHIP 23 July 2026
Article

Gianender & Associates

New Delhi

CA Inter

View Details
Company
23 July 2026
Senior Accountant

Felicity Adobe LLP

Bengaluru

CA Inter

View Details
Company
29 July 2026
ACCOUNTANT

ONESTEP GST SOLUTION

New Delhi

B.Com

View Details
Company
13 July 2026
AVP / VP - PCG Advisory

Workforce Connect

Mumbai

MBA

View Details
Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details
Company
20 July 2026
Senior GST Executive

Chandak Agarwal & Co

Mumbai

Graduate (Any)

View Details
Follow