Regarding HUF

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 ;)

Agree with Mr. Manoj.

how it can be possible????????please explain me?>.........