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HUF

Should you transfer fixed deposits to a HUF account?

(adsbygoogle = window.adsbygoogle || ).push({}); I am a retired bank employee. My total annual income is around 15 lakhs, which...

Navigating TDS claims: Options after late ITR submission

(adsbygoogle = window.adsbygoogle || ).push({}); My HUF had filed its income tax return (ITR) for the A.Y. 2024-25 on 1.08.2024....

Do NRIs have less advantage than residents on indexation benefits

(adsbygoogle = window.adsbygoogle || ).push({}); Is it true that non-resident Indians (NRIs) can no longer avail of the indexation benefit,...

Can a single coparcener maintain HUF status? Tax implications explored

A HUF consisted of a father, his wife and their son. The wife passed away in 2010, but the HUF continued with the...

Do assets received from HUF partition belong to the son’s HUF?

We are residents of Mumbai and have an HUF in the name of our father, who owns various movable and immovable properties. It...

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