I have a question.
A karta can sign on 2 HUFs?
1st of his own's HUF and 2nd of his father's HUF (after death of father).
possible? or not?
thank you ;)
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Regarding HUF
Replies (8)
THERE IS NO LIMIT AS SUCH UNDER INCOME TAX ACT ABOUT THE MAXIMUM NO. OF HUF IN WHICH A PERSON SHOULD HOLD AS A KARTA AND NO RESTRICTION ON NO. OF RETURN SIGNED BY ONE PERSON AS A KARTA.
THUS, IT IS ALLOWABLE.
REGARDS,
MANOJ
AGREED WITH MR MANOJ
AND IF U HAD HEARD THE NAME OF MR AJAY JAIN, TAX TEACHER IN DELHI
HE IS HAVING 16 HUFS
AND SAVING 160000*16
GREAT MIND PERSON HE IS
go ahead.........
agreed with Mr manoj
thank you guys ;)
| Originally posted by : PANKAJ KHURANA | ||
 |
agreed with Mr manoj |
 |
Agree with Mr. Manoj.
how it can be possible????????please explain me?>.........
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