Want to Close HUF

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full details of gst and hsn code
233 Points Posted on 05 January 2021
Hello Sir/Mam,
I want to close my HUF,
Due to by mistake/Misunderstanding I had filed Individual Income in HUF (From 2017 to 2019).
So Capital, Stock, other assets and liabilities of HUF has been increased.

But now i want to file all data in Individual from this year. so my question is how can we transfer the data from HUF to Individual???

Note:-
There is no any objection of HUF members to do any thing.

Please suggest
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On 05 January 2021 at 21:56 Report
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Quick Summary
This discussion addresses how to close a Hindu Undivided Family (HUF) account, particularly when individual income was mistakenly filed under the HUF between 2017 and 2019. The user wishes to transfer all assets and liabilities back to their individual name from the current financial year onwards. All HUF members are in agreement with this process, and advice is sought on the correct procedure for transferring the data.

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17269 Points Posted on 07 January 2021
Huf is Hindu undivided family.
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On 07 January 2021 at 18:35
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full details of gst and hsn code
233 Points Posted on 07 January 2021
Yes, HUF Mean Hindu Undivided Family
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On 07 January 2021 at 19:58

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