when a person is eligible for opening an huf IT file

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Professional assistant
24 Points Posted on 24 February 2011

KARTA of the family has an HUF A/C. He has 3 children. Now his elder son got married. Can he open an HUF IT file??

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On 24 February 2011 at 12:13 Report
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Student
123 Points Posted on 24 February 2011

IT file is opened in the year in which IT liability arises

Regards

Sahana Murthy

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On 24 February 2011 at 15:53
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184 Points Posted on 05 December 2011

yes he can create I.tax file of his own

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On 05 December 2011 at 11:51

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