Hi,
I have a property in the name of me and my wife. Both of us are members of a HUF (with PAN) and I am the karta of the HUF. Can I accept the rent for the property as the HUF with the TDS being deducted in the HUF's PAN?
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Property in the name of huf
Replies (1)
No. Its individual property, so rental income would be assessed in the hands of the co-owners, as per their percentage of ownership.
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