Rent paid to director,s HUF

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79 Points Posted on 04 October 2021
Can a company pay rent for property used of its director,s HUF?
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On 04 October 2021 at 18:01 Report
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This discussion explores the legality of a company paying rent to a director's Hindu Undivided Family (HUF). It clarifies that since a HUF is a separate legal entity, a company can indeed pay rent for property owned by the HUF, provided the property is used for business purposes, such as a godown for packing and printing. This arrangement is considered legal, logical, and reasonable.

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Practising CA
8954 Points Posted on 04 October 2021
Why not ? HUF is a separate legal entity. If the property owned by the HUF, is given on rent to any related or unrelated person, it is completely legal,logical and reasonable.
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On 04 October 2021 at 23:46
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Team Lead
7558 Points Posted on 04 October 2021
What type of property is being used and what is the purpose for using property.
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On 04 October 2021 at 23:57
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79 Points Posted on 08 October 2021
Godown for packing and printing
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On 08 October 2021 at 23:30

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