Shares market trading

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40 Points Posted on 12 January 2024
hello sir,
share market trading in huf is allowed in income tax and wt is the limit??
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On 12 January 2024 at 11:10 Report
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Quick Summary
This discussion clarifies whether a Hindu Undivided Family (HUF) can engage in share market trading under income tax laws. It confirms that HUFs are permitted to trade shares with no explicit limit. The key is to correctly file capital gains under sections 111A and 112A, ensuring proper disclosure.

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Profession
28271 Points Posted on 12 January 2024
Not clear
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On 12 January 2024 at 11:41
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40 Points Posted on 12 January 2024
Huf can do share market trading in his income tax file?
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On 12 January 2024 at 13:06
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Profession
28271 Points Posted on 12 January 2024
Share market trading disclosure norms can be easily made.
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On 12 January 2024 at 15:08
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Accountant
1227 Points Posted on 13 January 2024
1. no limit to share trading.

2. just file capital gains u/s 111a and 112a.
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On 13 January 2024 at 00:46

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