How to Form, Fund and Dissolve HUF I HUF कैसे बनाएँ and Fund करें ? I HUF Part 3

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  • เผยแพร่เมื่อ 17 ม.ค. 2025

ความคิดเห็น • 158

  • @sanketrathi1879
    @sanketrathi1879 4 ปีที่แล้ว +2

    Complete understanding about how to dissolve HUF

  • @vb2556
    @vb2556 4 หลายเดือนก่อน

    Great..best video on this topic

  • @harsharansinghkukreja6944
    @harsharansinghkukreja6944 2 ปีที่แล้ว +2

    Sir Sale deeds are not Registered in the name of HUF and are in the name of Karta and coparcners. How to deal in this situation.

  • @Lamp141
    @Lamp141 7 หลายเดือนก่อน +2

    For senior citizen having my HUF account. Can I invest every year 1.5L in a senior citizen saving scheme and take the IT benefit u/s 80C?

  • @sachinware1313
    @sachinware1313 9 หลายเดือนก่อน +1

    All chapters are covered in this video?

  • @kamleshdhulgunde6505
    @kamleshdhulgunde6505 ปีที่แล้ว +1

    Huf business run kar raha h to expense dikha sakate h k nahi

  • @stocktrader436
    @stocktrader436 ปีที่แล้ว +1

    thanks for the informative video. I want to ask can my father, mother, grandmother or my my brother can gift to my HUF, and the income generated from it would be taxable to HUF or clubbing provision would apply.

  • @lemonginger001
    @lemonginger001 ปีที่แล้ว +1

    sir loan ke liye kuch documents banane padenge kya or internet banking transfer from karta to HUF is fine

  • @jitenderkumar-d7i
    @jitenderkumar-d7i 11 หลายเดือนก่อน +1

    HUF M NEW PROPERTY PURCHAGE KR SAKTE H KYA YADI HA TO AMOUNT SAVING ACCOUNT S TRANSFER KR SAKTE H KYA

  • @saurabhmane9829
    @saurabhmane9829 ปีที่แล้ว +1

    Can minor sign HUF deed or declaration??

  • @DMANDASSOCIATES
    @DMANDASSOCIATES 2 ปีที่แล้ว +1

    Hi Sir, First thank you for your legal advice. Sir ak huf hai or usme daughter ke remove karna hai . tu sir kya process hai remove karna ka. please reply

  • @travelwithminchy
    @travelwithminchy 2 ปีที่แล้ว +1

    I have a Pvt Ltd company. Can i pay commission to my huf from my company after deduting the tds ???
    My company deals in student visas and we are getting commission from foreign countries

  • @nehamhatre606
    @nehamhatre606 2 ปีที่แล้ว +1

    Link which you've shared of format whether we've to get it signed both or any one

  • @SUKHJEET040459
    @SUKHJEET040459 2 ปีที่แล้ว +1

    Hi, can any member become karta even if he or she is not the elder one

  • @jagdishdhanuka8628
    @jagdishdhanuka8628 2 ปีที่แล้ว +1

    Kya yek individual HUF ko gift kar sakta hai?

  • @sumitlehri5704
    @sumitlehri5704 ปีที่แล้ว +1

    kya huf ko non member loan de sakta hai and huf interest bhi pay back kre..Kya yeh sahi hoga?

    • @casumeetmaru6204
      @casumeetmaru6204  ปีที่แล้ว

      Yes anyone can give loan to HUF and in return huf have to pay interest

    • @sumitlehri5704
      @sumitlehri5704 ปีที่แล้ว

      @@casumeetmaru6204 Sir i have 2 3 queries..Can i ask you those in any way ?

  • @abhik214
    @abhik214 หลายเดือนก่อน

    Can i add cash in huf to avoid clubing income?

  • @jitendraaadatiya7690
    @jitendraaadatiya7690 5 หลายเดือนก่อน +1

    Huf me membar घटाने के लिये क्या करना चाहिए ?

  • @shreepalranka4210
    @shreepalranka4210 2 ปีที่แล้ว +1

    What is reasonable interest

  • @anilsangeeta1
    @anilsangeeta1 2 ปีที่แล้ว +1

    can huf distribute fund jewllery uneqyally because kurta decide so and no one has objection. actually assets are divided taking distribution of other family assets

    • @casumeetmaru6204
      @casumeetmaru6204  2 ปีที่แล้ว

      If everyone is ok you can still will suggest to take any advocate advice for any legal formality

  • @yespalsingh9664
    @yespalsingh9664 2 ปีที่แล้ว +1

    Can cash be deposited in huf bank account

  • @chandankshirsagar8368
    @chandankshirsagar8368 ปีที่แล้ว +1

    Sir , can a karta start HUF with zero capital, purchase goods on credit ,sell them in cash . Generate income to the HUF and repay the cost of goods to the seller ?

  • @bh5447
    @bh5447 ปีที่แล้ว +1

    For Intial deed can I put father in law's name instead of father? can I take cheque on my name from father in law and with that can I crate huf deed with me as karta and my wife as member? will he be taxed for the income gemerated via huf?

  • @PARMESHWAR_MHAISNE
    @PARMESHWAR_MHAISNE 8 หลายเดือนก่อน +1

    Sir मेरे family में 4 मेंबर हैं अँड मैने HUF बनाई हैं
    मेरे family में 2 मेंबर के नाम पर real estate हैं तो अगर HUF बनाई to वो प्रॉपर्टी 4 member में divide होगी क्या please reply 🎉🎉🎉

    • @pj-de2jb
      @pj-de2jb 6 หลายเดือนก่อน

      Bhai aapse kaise contact ho how to create huf or kitna kharcha laga

    • @PARMESHWAR_MHAISNE
      @PARMESHWAR_MHAISNE 6 หลายเดือนก่อน

      @@pj-de2jb कुच नहीं huf Pan card apply करो youtube पर सर्च करो या ca से बात करो

  • @krishankumar-sz6vv
    @krishankumar-sz6vv 3 หลายเดือนก่อน

    Can salary person open huf and can investment please

  • @chandraprakashsharma7228
    @chandraprakashsharma7228 21 วันที่ผ่านมา

    How to collect 10L in HUF to apply in BIG HNI IPO application

  • @virsa5623
    @virsa5623 5 หลายเดือนก่อน

    Sir can HUF open a family trust ? Can Karta form a joint account of HUF in a bank ? Which is more beneficial HUF or LLP ?

  • @saurabhmalani8309
    @saurabhmalani8309 3 ปีที่แล้ว +1

    Can we remove co parcener from huf deed ?

  • @hindmittal3227
    @hindmittal3227 3 ปีที่แล้ว +1

    Can i discuss with you for an huf that is formed in 1985 and now some problem occurs.. Can you pls solve

    • @casumeetmaru6204
      @casumeetmaru6204  3 ปีที่แล้ว

      Yes Definitely Mail me your contact on casumeetmaru@gmail.com I will be connecting with you.

  • @AnujGoenka-j2w
    @AnujGoenka-j2w ปีที่แล้ว

    Around 5mins the video says Relatives can gift to HUF. What's the definition of relative and how much amount is tax exempt ?

  • @anjaniagarwal4871
    @anjaniagarwal4871 2 ปีที่แล้ว +1

    Sir.... My existing Docs pan aadhar my name is Anjani Kumar but surname is not added but I want to create a huf entity by name of Anjani Agarwal huf so can I create the huf entity the name of Anjani Agarwal Huf???

  • @InvestAirFunds
    @InvestAirFunds 6 หลายเดือนก่อน

    HUF Deed stamp paper amount भी बता देते

  • @shrenikshah4885
    @shrenikshah4885 3 ปีที่แล้ว +1

    Can u pls explain diff between relative & member of huf as gift from earlier tax free but gift from member attracts clubbing provisions

    • @casumeetmaru6204
      @casumeetmaru6204  3 ปีที่แล้ว

      Relative definition is given under income tax for section 56 (2) X so if the relation comes under the said section it will be considered as relative and hence the gift from the same will be exempt.

  • @vinitpoojary8627
    @vinitpoojary8627 3 ปีที่แล้ว +1

    Hi, the name of our HUF is only the surname followed by HUF. For EX: POOJARY HUF. So it is fine right?? There is no issue on the name part right???
    Please Reply.

    • @casumeetmaru6204
      @casumeetmaru6204  3 ปีที่แล้ว +1

      Hey Vinit, actually it should contain the name as well, but still check with it’s acceptability in banks if they are satisfied it’s fine.

    • @vinitpoojary8627
      @vinitpoojary8627 3 ปีที่แล้ว +1

      @@casumeetmaru6204 Sir, they have successfully alloted a Pan card on this name. Still there might be an issue for banks?

    • @casumeetmaru6204
      @casumeetmaru6204  3 ปีที่แล้ว +1

      @@vinitpoojary8627 Then definitely they not.

  • @rohitjain3235
    @rohitjain3235 2 ปีที่แล้ว

    सर,मेरे पिताजी की मृत्यु मई 2021में हुई थी। उनका एचयूएफ खाता बैंक में था ,जिसमे मैंने उनका मृत्यु प्रमाणपत्र, परिवार के सदस्यों का अनापत्ति पत्र, विधिक सदस्यता प्रमाणपत्र के साथ उक्त एचयूएफ खाते में कर्ता बदलने लिए प्रार्थनापत्र दिया, परंतु बैंक ने बोला कि आपका नाम उक्त एचयूएफ खाते में अपडेट नही है । क्या एचयूएफ पैनकार्ड में भी संशोधन हो सकता है ? क्या पिताजी के स्थान पर मेरा नाम उसी एचयूएफ पैनकार्ड पर किया जा सकता है?

  • @akshayshah5180
    @akshayshah5180 3 ปีที่แล้ว +3

    If during formation of my HUF , i gift 2 lakh rupees to my HUF.....And it earned 50 thousand rupees as profit from business....Will this income of 50 thousand be clubbed with my income for tax purpose?

    • @InvestAirFunds
      @InvestAirFunds 6 หลายเดือนก่อน

      Yes

    • @74.hitesh
      @74.hitesh 4 หลายเดือนก่อน

      Is it considered as separate HUF income or clubbed with individual personal income?

    • @Aalok_kumar_singh
      @Aalok_kumar_singh 3 หลายเดือนก่อน

      Not clubbed with your income
      Enjoy the earning

  • @tejasdesai8023
    @tejasdesai8023 2 ปีที่แล้ว

    Sir me mere father se meri HUF me 5 L Ka gift lu to vo bhi taxable income hogi na meri HUF ke liye? Aap ne kaha relative kitni bhi gift kare vo taxfree he..

    • @casumeetmaru6204
      @casumeetmaru6204  2 ปีที่แล้ว

      If it comes from your father it’s going to be exempt in hands of HUF, but still consult your CA before taking any decision

  • @mukes72
    @mukes72 2 ปีที่แล้ว

    Hi Sumit , how to link an existing bank account to HUF?

    • @mrpankajrawat
      @mrpankajrawat 2 ปีที่แล้ว

      You cannot, you need to open new account

  • @manusood3897
    @manusood3897 3 ปีที่แล้ว +1

    Can Karta and coparceners provide capital to HUF so that it is neither loan or gift for investing in Mutual Funds?

    • @casumeetmaru6204
      @casumeetmaru6204  3 ปีที่แล้ว

      Manu Sood if someone is provided some amount to another there can be only two possibilities in the recipients hand it will be eighter gift or loan.

  • @archanaprabhune6036
    @archanaprabhune6036 4 ปีที่แล้ว +1

    Can HUF get insurance policy in name of karta? Can HUF claim deductions for premiums paid? How will the insurance providers calculate earnings for financial underwriting?

    • @casumeetmaru6204
      @casumeetmaru6204  4 ปีที่แล้ว

      Archana Prabhune Yes HUF can take insurance in the name of karta and can claim for deductions of premium paid. About insurance providers warning calculation you have to consult the insurance agent and still will above to be in touch with CA before getting into such transactions.

  • @theinvestmentcentre
    @theinvestmentcentre 3 ปีที่แล้ว

    Member se nahi le sakte but relative se le sakte h samz nhi aaya as per your previous video Jo aapne member m include kiye voh bhi relative k definition m aate h
    Plz explain

    • @casumeetmaru6204
      @casumeetmaru6204  3 ปีที่แล้ว

      In definition of HUF members are relative so you can take from members.

  • @rajatbabar1691
    @rajatbabar1691 3 ปีที่แล้ว

    If the karta passed away, who will become the next karta & how can we change the new karta documentations in bank accounts n demat Accounts? Is there any need to do new huf deed ?

    • @casumeetmaru6204
      @casumeetmaru6204  3 ปีที่แล้ว +1

      Normally if Karta Dies the next eldest member becomes the karta automatically but you can restrain the same by amending the huf deed.
      And the same needed to be updated for bank documentation also.

    • @rajatbabar1691
      @rajatbabar1691 3 ปีที่แล้ว

      @@casumeetmaru6204 ok sir!! & For demat accounts the new amended deed has to be submitted know? With NOC of other members for new karta n death certificate?

    • @casumeetmaru6204
      @casumeetmaru6204  3 ปีที่แล้ว

      @@rajatbabar1691 I think to consult DMat Account office would be more appropriate

  • @kusumtaak5697
    @kusumtaak5697 3 ปีที่แล้ว

    reasonable rate of interest of loan amount? what

    • @casumeetmaru6204
      @casumeetmaru6204  3 ปีที่แล้ว

      8% to 12% is most reasonable interest rate.

  • @sumittandon7630
    @sumittandon7630 2 ปีที่แล้ว

    Can can i transfer my property which i have received through valid will to my HuF? And who will pay tax on rent received from that property?

    • @casumeetmaru6204
      @casumeetmaru6204  2 ปีที่แล้ว

      Hello Sumit, if you are transferring it on cost = SDV then rent won’t be taxes in your hands, but if you transfer to your wife or son’s wife then rent will be taxed in your hands

  • @ajitjaggi7629
    @ajitjaggi7629 3 ปีที่แล้ว

    Sir if three brothers make huf and after some time they dissolve huf can they give there share to mother ( that means total 4 partition)

    • @casumeetmaru6204
      @casumeetmaru6204  3 ปีที่แล้ว

      Firstly Brother’s can’t make HUF, Father have to make it, and then brothers can have there share on partition. Still mother won’t get share in partition as she is only member (one gets right in huf by birth) she can only claim expenditures

    • @casumeetmaru6204
      @casumeetmaru6204  3 ปีที่แล้ว

      Still I will suggest to Consult to your CA for any further treatment of the same.
      Thank You !

  • @Aspir8
    @Aspir8 3 ปีที่แล้ว

    HUF deed bnanei mei advocate ki jrurt pdegi kya?

    • @casumeetmaru6204
      @casumeetmaru6204  3 ปีที่แล้ว

      To register it, you have to.
      If you not registering then no need

  • @jitendradedhia8624
    @jitendradedhia8624 2 ปีที่แล้ว

    Can u send the format of deed for Huf

    • @casumeetmaru6204
      @casumeetmaru6204  2 ปีที่แล้ว

      Link for the format is mentioned in description

  • @kishorrojasara68
    @kishorrojasara68 3 ปีที่แล้ว

    Huf can receive loan from other party to purchase properly.. any limit of amount and repayment mode??

    • @casumeetmaru6204
      @casumeetmaru6204  3 ปีที่แล้ว

      Yes HUF Can receive loan from any one, obviously by check and should also repaid by check with appropriate interest.

    • @chavaconsultants7160
      @chavaconsultants7160 3 ปีที่แล้ว

      @@casumeetmaru6204 is there Fixed timeline to repay loan or not?

    • @casumeetmaru6204
      @casumeetmaru6204  3 ปีที่แล้ว

      @@chavaconsultants7160 No…there is no such fixed timeline, it’s just you should show it in your liabilities and maintain the same for the coming years until you repay it with recognizing periodic interest.

  • @kamleshshah4249
    @kamleshshah4249 3 ปีที่แล้ว

    Can karta fund the HUF?

  • @maheshpandit1800
    @maheshpandit1800 2 ปีที่แล้ว +1

    Hello Sumit Ji, Very good information! Thank You!
    One thing I want to ask. Can I invest in stock market on behalf of HUF or any limitations for it?

    • @casumeetmaru6204
      @casumeetmaru6204  2 ปีที่แล้ว +1

      It’s my pleasure Mahesh..! Yes definitely you can have training profit in HUF just take care how you are introducing capital in HUF file

  • @CaketimeKanpur
    @CaketimeKanpur 4 ปีที่แล้ว

    Sir huf ka karta ki death ho jaye to new karta ko income tax ki site me kaise update kare??full procedure kaunse documents lagege

    • @casumeetmaru6204
      @casumeetmaru6204  4 ปีที่แล้ว +1

      Gaurav Rajpal For the formality behind this I will request you to consult your CA.

  • @vyawaharekunal
    @vyawaharekunal 3 ปีที่แล้ว

    Can you close HUF account of one bank and open in another bank due to bank issues ?

  • @jhabakvikas
    @jhabakvikas 2 ปีที่แล้ว

    Hi Sumit ji, can we take the gift of 4 lac straight away in new HUf account , do we need to show any proof? Most of the gifts are given in cash, pls revert with your comments

    • @casumeetmaru6204
      @casumeetmaru6204  2 ปีที่แล้ว

      You can take gift no problem but please take it from relative only, or else will be taxable above 50,000

  • @nareshchangwani4786
    @nareshchangwani4786 3 ปีที่แล้ว

    Can a huf firm generate income by taking commision or what are the other sources of income which are allowed under huf

    • @casumeetmaru6204
      @casumeetmaru6204  2 ปีที่แล้ว

      Yes it can take commission also, if you have any family property so income can be generated on the same as well

  • @saket1472
    @saket1472 3 ปีที่แล้ว +1

    Hi Sumeet,
    I am planning to give 5L loan to my huf account, Can I transfer the money using internet Banking or do I need to deposit using check only? Do I need to get interest every month from HUF account or it can be once in a year as well? Can I charge interest of 5% per annum or less for loan given to HUF?
    Thanks
    Saket

    • @casumeetmaru6204
      @casumeetmaru6204  3 ปีที่แล้ว +1

      Hello Sanket, yes you can Transfer the money through internet facility as well no issue at all till the time it is reflected in your bank statement. Interest you can charge once in a year that is sufficient. For date to be charged will advice you to consult your CA once.

    • @saket1472
      @saket1472 3 ปีที่แล้ว +1

      @@casumeetmaru6204 thank you

  • @jayushah4995
    @jayushah4995 3 ปีที่แล้ว

    Husband, Wife and two minor children. Can create HUF? If yes I need Deed formate

    • @casumeetmaru6204
      @casumeetmaru6204  3 ปีที่แล้ว

      Once you are married you can create HUF, please refer to the deed format mentioned in the description.

  • @hareshpatel1467
    @hareshpatel1467 2 ปีที่แล้ว

    HI
    I have HUF pan card but still not open bank account.
    My question is my father has invested Rs 50 lakh fd and now can i tranfer that 50 lakh to HUF account, currently in huf account no money and now if i make fd 50 lakh in huf then huf can get 2.5lakh intrest, will these 2.5 lakh is in tax exempt???

    • @casumeetmaru6204
      @casumeetmaru6204  2 ปีที่แล้ว

      If it gets transfer to you from your father I’m HUF account it will be taxed in the same HUF file, also you are correct about 2.5 lakhs exemption which you will get into your huf account. But before considering same it’s better once you take your personal CA advice.

  • @saurabhmalani8309
    @saurabhmalani8309 3 ปีที่แล้ว

    Can HUF will deed created?

    • @casumeetmaru6204
      @casumeetmaru6204  3 ปีที่แล้ว

      Saurabh Malani Yes please consult CA once

  • @mrpankajrawat
    @mrpankajrawat 2 ปีที่แล้ว

    Hey Sumeet, As you mention that we can give loan to HUF, Let's say I want to give Rs 10L for 10yr. where Income tax department will track this transaction? While filing ITR how we will show this transaction.

    • @casumeetmaru6204
      @casumeetmaru6204  2 ปีที่แล้ว

      While filing ITR you do not need to show this transaction until unless you file balance sheet. If you file balance sheet as well then it will be seen under loans and advances

  • @jamnadas5945
    @jamnadas5945 3 ปีที่แล้ว

    If karta gifts 1 lakh to HUF will it be taxable to HUF.
    2. Income generated by HUF from this 1lakh, will be taxable in HUF hand or in karta hand

    • @casumeetmaru6204
      @casumeetmaru6204  3 ปีที่แล้ว

      HUF and all it’s member are covered under definition of relative and as per Section 56(2)X Gifting to relatives is not taxable. Hence not the 1 lakh and not the income generated from this one lack will be not taxable in hands of karta.

    • @harryscoldfield
      @harryscoldfield ปีที่แล้ว

      @@casumeetmaru6204 sir if i am karta and i gift 2 lac rs to huf and huf will earn some income on such amt then will clubbing provisions will be applicable on me ? bcoz as per definition For HUF every member is its relative and gift from relative is exempt u/s 56(2)(x)

  • @vidhuduggal1587
    @vidhuduggal1587 4 ปีที่แล้ว

    Please tell Can husband & wife create HUF?

    • @casumeetmaru6204
      @casumeetmaru6204  4 ปีที่แล้ว

      Vidhu Duggal Husband can create HUF and wife can be member of it. But still will suggest to consult CA. Thank You !

  • @navu2011
    @navu2011 3 ปีที่แล้ว

    If i get a gift of 10 lakh from relative(my mother) in my huf account(me, my wife and my son). will it b considered as income of that account??

    • @casumeetmaru6204
      @casumeetmaru6204  3 ปีที่แล้ว

      Will request you to consult CA for the same, but according to me yes it will be treated as gift as your mother is not member of your huf and hence no relation exist between your mother and your HUF.

  • @snehal2502
    @snehal2502 3 ปีที่แล้ว

    How salaried person get get benifits from HUF

    • @casumeetmaru6204
      @casumeetmaru6204  3 ปีที่แล้ว

      If you have only salary income then you can’t take benefit of huf, but if you also have some ancestors property you can take benefit under huf from such property and income there on.

  • @miteshpatel4047
    @miteshpatel4047 4 ปีที่แล้ว

    Any one father's is dead so can he mentioned back years date of received gift?
    And what amount stamp paper neede in gujarat ?

    • @casumeetmaru6204
      @casumeetmaru6204  4 ปีที่แล้ว

      Mitesh Patel Legally you can’t give gift back dates for further clarification will request to consult CA.

  • @anujdaga1979
    @anujdaga1979 4 ปีที่แล้ว

    Please tell my father gift to my huf this gift I invested in share market & generate profit will taxable

    • @casumeetmaru6204
      @casumeetmaru6204  4 ปีที่แล้ว +1

      From where you got the gift Father HUF OR individual ?
      If it’s from huf it will be taxable in your own huf

    • @anujdaga1979
      @anujdaga1979 4 ปีที่แล้ว

      My father individual gift to my huf is it right

    • @casumeetmaru6204
      @casumeetmaru6204  4 ปีที่แล้ว

      anuj daga No Generally your father doesn’t comes into degi kon of relatives of your huf, this can be taxable u der section 56(2)X. Will request you to consult your CA once about it

  • @vaibhevmittal9546
    @vaibhevmittal9546 2 ปีที่แล้ว

    Can father gift money to son's HUF ( son, daughter in law and grandson with son as karta) from his saving account?

    • @casumeetmaru6204
      @casumeetmaru6204  2 ปีที่แล้ว +1

      Yes after partition father huf can transfer the money to son’s huf

    • @vaibhevmittal9546
      @vaibhevmittal9546 2 ปีที่แล้ว

      @@casumeetmaru6204 thank you

    • @vaibhevmittal9546
      @vaibhevmittal9546 2 ปีที่แล้ว

      @@casumeetmaru6204 can my father gift money to my HUF every year?? Is it legal to gift money every year to generate funds for my HUF??

    • @casumeetmaru6204
      @casumeetmaru6204  2 ปีที่แล้ว

      @@vaibhevmittal9546 Yes he but it will be treated as unsecured loan, and don’t forget to pay reasonable interest to him.

  • @parmodnain
    @parmodnain 4 ปีที่แล้ว

    My father is a 67 year old pensioner having 3 acres of ancestoral land. My mother expired in 2013. We are two brothers who are married and have kids. Can my father open an HUF and become karta of that HUF and can we also become the members of that HUF

    • @casumeetmaru6204
      @casumeetmaru6204  4 ปีที่แล้ว +1

      Parmod Nain Yes definitely you can open HUF in name of father and bcoms member for that HUF

    • @parmodnain
      @parmodnain 4 ปีที่แล้ว

      @@casumeetmaru6204 thanks a lot for such a prompt response 👍

    • @casumeetmaru6204
      @casumeetmaru6204  4 ปีที่แล้ว

      Parmod Nain My Pleasure:)

  • @caharsewaksingh8996
    @caharsewaksingh8996 3 ปีที่แล้ว

    IS SON IN LAW MEMBER OF HUF ? IF YES HOW FAR THIS DEFINITION OF MEMBER CAN GO ? OR IS IT RESTRICTED TO THE MEMBER LIST DEFINED AT THE TIME OF CREATION OF HUF (FOR HUF PAN CARD) ?

    • @casumeetmaru6204
      @casumeetmaru6204  3 ปีที่แล้ว

      Only the one who takes birth in family are coparsner, and son in law is not included even in members list

  • @sumitgupta7152
    @sumitgupta7152 3 ปีที่แล้ว

    Sir My brother has been separated from me and my father. I file HUF return of my father every year. I also file my HUF return separately.I have repay my home loan outstanding from my father’s HUF capital as i have sold our second residential property. Now my father’s HUF capital is NIL. Can i do something so that in future my brother couldn’t be the member or coparcener of our father’s HUF. Can we dissolve the last HUF of our father and form a new HUF? Please tell.

    • @casumeetmaru6204
      @casumeetmaru6204  3 ปีที่แล้ว

      SUMIT GUPTA You can do partition of present HUF. And while forming the HUF you can mention the same in deed the name of participants only. Still Will recommend you to consult ang CA and take legal advice before proceeding.

  • @shashankjain7706
    @shashankjain7706 3 ปีที่แล้ว

    50000 gift limit is from one stranger or all strangers in total can gift only 50000?

    • @casumeetmaru6204
      @casumeetmaru6204  3 ปีที่แล้ว

      It’s limit to receive in cash during a financial year from all non relatives.

  • @sonalighose52
    @sonalighose52 3 ปีที่แล้ว

    What is the tax free cash withdrawal limit per day and per year?

    • @casumeetmaru6204
      @casumeetmaru6204  2 ปีที่แล้ว +1

      TDS on cash withdrawals are applicable above 1 Cr in a year in aggregate

  • @mmittal6392
    @mmittal6392 ปีที่แล้ว

    Member huf ko loan dega fir uspr jo interest milega huf se uspr tax bharega

  • @shekhardevra
    @shekhardevra 4 ปีที่แล้ว

    HUF is virtual entity the how can relative exists

    • @casumeetmaru6204
      @casumeetmaru6204  4 ปีที่แล้ว

      shekhar devra Nice Question, but it is a recognised person as per income tax law and hence whoever in the family of that HUF will be in definition of relative.

    • @reachrabi
      @reachrabi 3 ปีที่แล้ว +1

      @@casumeetmaru6204 As per the explanation given for the purpose of the clause u/s 56 (2) (Viii) of Indian Income Tax Act, "relative" means, in case of a Hindu undivided family, any member therof.
      As per my understanding to this explanation, there is no difference between "Members of HUF" and "Relatives of HUF". I could be wrong. But I want someone to prove me wrong.
      I also got into this confusion and trying to find a better way to fund my HUF without attracting any additional tax burden.

  • @bharath_v
    @bharath_v 4 ปีที่แล้ว

    If HUF takes loan, what will HUF do with that money? How will income tax differentiate it between gift and loan?

    • @casumeetmaru6204
      @casumeetmaru6204  4 ปีที่แล้ว +2

      Bharath V When you take loan you show the same as loan which has to be returned by some or other time. Where gift adds to your capital. So loan will reflect as same in liability where as gift will be added to capital

    • @bharath_v
      @bharath_v 4 ปีที่แล้ว +1

      @@casumeetmaru6204 Thanks for the clarification!

  • @easylearnsengupta959
    @easylearnsengupta959 3 ปีที่แล้ว

    Why bengali can't form huf

    • @casumeetmaru6204
      @casumeetmaru6204  3 ปีที่แล้ว

      Only Muslims and Christians can’t form HUF rest everyone can, just check once with state laws

    • @ankitchowdhary360
      @ankitchowdhary360 2 ปีที่แล้ว +1

      Bengali falls under Hindu community and they can form HUF

  • @darshantotala8445
    @darshantotala8445 4 ปีที่แล้ว

    Is stamp duty is applicable on property transfer to huf

    • @casumeetmaru6204
      @casumeetmaru6204  4 ปีที่แล้ว

      Darshan Totala It depends on State to State Law. It is advisable to consult local CA.

  • @Niravjadatiya
    @Niravjadatiya 2 ปีที่แล้ว

    firse ek video banaye sirf FUNDING HUF in depth details

  • @rounakkabra
    @rounakkabra 2 ปีที่แล้ว

    Thanks for informative video. I have one question. What difference does it makes if HUF is new or existing in case of receiving gift? You mentioned that new HUF can take 4 lacs gift because of 2.5 lacs of basic exemption limit but basic exemption limit is available to existing HUF as well. Then why there is difference of limit in receiving tax free gifts?

    • @casumeetmaru6204
      @casumeetmaru6204  2 ปีที่แล้ว +1

      There is no difference as per tax application in new and old. It was only said as new HUF would find it difficult to greatest funds so they can easily take gift where as exiting HUF would already have some funds and also some income that’s why it was specifically said for New

  • @RajanGupta-vc4fs
    @RajanGupta-vc4fs 3 ปีที่แล้ว

    Funds or gifts can be taken from who all relatives Definition of relative

    • @casumeetmaru6204
      @casumeetmaru6204  3 ปีที่แล้ว

      Yes it’s can be taken by any of the relative mentioned in the definition of relative.

  • @sandeepagarwal1163
    @sandeepagarwal1163 ปีที่แล้ว

    Phone no