What are present day tax planning tools for existing huf?

Tax planning 194 views 4 replies

 What are present day investmenst -tax planning tools that a existing HUF can follow to claim deduction under sce.80C ?(  now , investments of Rs15000 in PPF is banned  for HUF )

Replies (4)
  1. Section 80D:
    • This tax benefit is available to individuals and Hindu Undivided Families (HUF).
    • Under Section 80D, the qualifying amounts are:

       

      • For self, spouse, and dependent children: Up to Rs.25,000.
      • For parents: An additional Rs.25,000.
      • For parents who are senior citizens: Rs.30,000.

 

5 Year Tax Saving Fixed Deposit

go through this link nice write up for huf  

https://www.moneycontrol.com/news/business/personal-finance-business/how-can-huf-help-individual-to-save-income-tax-1264531.H T M L

go through this link nice write up for huf  

https://www.moneycontrol.com/news/business/personal-finance-business/how-can-huf-help-individual-to-save-income-tax-1264531.H T M L

 Thanks, what about elgible TAX PLANNING tools  for a HUF (as per 80C) and  as Govt.has declined to EXTEND PPF cosntribution/subscripttion by HUF to PPF ? what a HUF should Do ( properly planning )with that REDDEPMTION PROCEEDS of PPF of HUF


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