Everything by LLA is very good and detailed, thank you for providing all these for our jagruk jantha. I would like everyone to like the video also rather than just viewing the content so that they get more promotions
When I first applied for the PAN CARD using Physical form. I saw HUF in the form as an option. Till today, I had no idea regarding HUF can be created with an individual (Members) PAN card. Thanks, @LLA for the very detailed video on HUF.
I am single and the income tax department is such that they allowed me to frame HUF Pan Card then came bank which were more foolish to allow me to open account while being unmarried and til date I am saving tax.
Hello Rishabh 1. Can Karta of HUF gift his/her HUF say upto 250000 and file ITR(NIL) of HUF with income from other sources and invest the same in stock market to generate income for HUF? 2. Can a person gift his wife and she can further invest to generate income for her self? 3. Please make a video on filing ITR.
Excellent video by Sri Rishabh Jain and Sri Anoop Bhatia. It is very structured and answers most the questions about HUF. Good collaboration. God bless you 🙏 Is a HUF required to file an ITR if it does not have taxable income. Company or Firm is required u/s 139
1) If coparcener is a partner in a partnership firm on behalf of HUF - Then income from partnership firm will be added to the income of Partner or HUF ?????? 2) If HUF can take loan from members and coparceners - Then it means that HUF can show this as capital as well and pay interest on this capital to the members of HUF. Can this be possible to raise capital in this manner in HUF ?? 3) If coparceners of HUF divide their property among all of them - Then the HUF can work in similar manner as before partition ?? 4) HUF cant be dissolved - Does this mean once we form HUF - we can never get rid of HUF concept - HUF will continue forever ????
Thanks a lot Rishab and Anoop ji for this exceptional vlog where I could clear all my doubts. Great job Labour Law Advisor for such educative videos on business and finance.
Great Knowledgeable video. Specially understanding about HUF in simple manner by CA Anoop Bhatia Sir is very pleasant. Rishab Jain Sir you are doing tremendous work Just keep going. it will good to see again and again with Anoop Sir. I really like your videos.
Thanks for this excellent explanation by you and Anoop sir. Also, please consider a situation where son gifts Rs. 5 lacs to father (no tax implication since relative). Now father gift these 5 lacs to son's HUF where father is not a member. This gift of 5 lacs would be taxed in the hands of HUF (no clubbing since gift not received from member) and lets say this is invested and interest of 40,000 earned. Now total income of HUF would be 5,40,000 (gift + interest). And tax thereupon can be brought to 0 after availing various deductions. Earlier son had invested this 5 lacs in his personal PAN and was paying 30% tax on this interest (40000*30%= 12,000) And now by transferring this to HUF, tax on this interest is Nil. So effectively 12000 saved here. Is this tax planning possible? Please correct me if I'm going wrong anywhere.
Sir, if a couple who does not have children forms an HUF and later one of the spouses dies, does the HUF still survive with the living spouse as its sole member?
Thank you Rishabh and Anoop ji for this enlightening video. May you get all the success to keep up the good work. I do have one query that I would appreciate an answer on, regarding the gift that can be given to HUF by an external member, is there a limit to the number of times the gift can be given, I.e. Can I take 5Lakhs twice in a year?
Sir , great knowledge provided by you. 1) I have one HUF comprising My mom , me and wife. Can I open new huf of me , my wife and 2 children. 2) What if I transfer my money to HUF for stock trading /IPO? It will taxable to whom me or HUF in case of sell of stock thr HUF demat?
Wow sir, apke vdo se hum jaise school students aage jake bhout kuch kar payenge , hope kisi app aage bhi aise simple aur assan vdo banayenge, hope ki sir aap CA anup sir and CA rachnana ranade ka collaboration kar k kuch banaye maza ayega 😁😁
1. Sir Could I start SIP in stocks/mf from my current account of prop. Firm. 2. If yes, what would be taxation on my invested SIP annual amount. 3. If I gain LTCG then it would be taxed 10%. Or profit would be added in my net income and then taxed according to IT slab.
Very Informative; I have always been strongly in favour of creating HUF for tax management.Is agriculture income exempt from taxation under HUF? Congratulations & BIG THANK YOU for such a wonderful episode on a topic which is discussed so less.
can more than two or more salaried person open HUF who have Demat accounts and rented houses on their name. Nice series very informative thanks Mr Anup ji and Mr Rishab ji
Need help to understand following - 1) If I transfer stocks from my demat to HUF then who has to pay CG tax - Me or HUF? 2) What about real estate...If we want to transfer our apartment in name of HUF, do I need to reregister and pay stamp duty? Rental income from such property will be income of me or HUF?
can someone explaint this: Anoop sir gives example if you received Rs 5 Lakh from father in law while calculating tax Rs 2.5 lakh gets exempted and 1.5 lakh gets exmpted under 80C. How that 2.5 Lakh gets exempted?
Sir, without taking gift in HUF from members - if we take Loan in HUF for share trading. Will it be okay ? As Income will not be clubbed to members. (HUF will run on Loan Taken, and NiL Capital) Also, can Loan be taken on 0% interest terms ? Another thing is - Now profit earned from share trading will be wholly of HUF profit and taxable in hands of HUF. So, profit earned = Capital of HUF. Right ? One more question is - If you see now Settlement cycle of T+1. Hence, selling share BTST or further will be STCG fundamentally. So, filing BTST and such STCG in HUF will be okay ? Because if Income Tax consider it as business, then HUF might be liable for Tax Audit too as Turnover will be calculated as Total Selling Value of shares.
Rishabh, I've questions regarding money added to HUF. 1) If money added by member like my wife to the HUF account then her deposited money to HUF account would be tax free for her? (For example if she earns 100000 per month and she gifts 20K to HUF aacount then she has to pay tax on only 80K or she has to still pay tax on 100K?) 2) limit of 50K gifts can be received in HUF but this is the limit of per annum or per month?
Question 1 kya minor bacche HUF me include kar sakte hai? Question 2 kya Male karta apni personal property HUF ko transfer karke , HUF ko usi property ka rent pay kare toh wo HUF ki income me count hoga kya?
Sir, I have formed HUF with my husband and children's. I am senior in age as compared to my husband. I preferred to be karta as management of huf is to be done by me. My husband is not interested also has other commitments. Considering year 2005 amendment to Hindu law and other ruling, I became karta. Is this correct stand or need to rectify.
If I form a HUF, can I transfer my salary to fund the HUF and trade in stock market, will I have to pay tax on the stock market returns as individual? Or only huf will be taxed since it's a capital infused by one of the HUF members?
@@Noone-hh5cq So if a am karta of the HUF account and I have deposited some x amount in the HUF account then will it be taxed as income (if it falls in slab) for HUF and will any interest earned on that money be taxed only for HUF or for HUF and Karta
Affidevit is not really needed to apply for HUF PAN card..make sure when you apply foe the card online..add HUF after your name...refer to how to fill up a form online
I have a flat on my name. Now I want to include my wife as a co-owner. How can we make use of HUF here to get tax benifit for her as well ? In this case can we both get the benifit of 2L on interest amount ? Currently I am only applicant on my home loan.
risky move. bina contribution k kisi ko co-owner nahi banana chahiye. aajkal rishtey bhi kamzor hain. baki kuch special cases me log acche bhi nikalte hain but who knows
Please create video for taking investment or loan from family friends or loan with zero interest. Possible to take investment in personal account or any related video
"Transferring Own property to Huf without adequate consideration will attract the provision of Clubbing and hence any rental income received by the HUF will be clubbed in the hands of Transferor. Mam correct me if I am wrong!!"
Thanks for sharing such valuable information sir....plz guide can a property be purchased directly in name of HUF.Directly means has no linkage to ancestoral assets.Eagerly waiting ur reply sir
I have recently bought a apartment in my and wife's name. Apart from my job, I have alternate source of income from Share market.. STCG If I register a HUF and open demat using HUF thus making all income from share market in HUF.. Question 1. Can I make this alternate income's 80C declaration for my new apartments principal repayment. 2. If not then how can I do it.
As far as I know you cannot do that. It's like claiming 80C deduction for a house that your brother brought which had nothing to do with you as you both are separate tax individuals. Unless the home loan is taken on the name of HUF (with you signed as a co-applicant), you can't claim 80C deduction on principal amount while filing the income tax of the HUF.
Question : in case of HUF, if person X is a karta of HUF , A is a 1st wife of karta (She is no more ) & B is a 2nd wife of karta so in such scenario if property owned by Deceased Wife (A) awarded to Karta(X) by court order and pension of Deceased wife (A) can be allowed to be a part of HUF income ?
I don't know why the concept of "Undivided Family" in Income Tax Department is only exists for Hindus and it's subsidiary religions but not for Muslims? Sir, Please tell me the truth behind this.
Thanks a lot for this video. One doubt though, I have read that for an HUF to file ITR, it must have atleast one coparcener. But an HUF is automatically created at the time of marriage. So, can a couple form an HUF and file ITR. Note - they don't have a child, so there won't be any coparcener. Would be waiting for the reply, thanks again.!
I'm a software employee, due to covid I'm doing work from home and I'm staying in my father house. Can i pay rent to my father legally and how much maximum rent I can pay to my father. We are staying in a village
![โรงเรียนตอนตี 2 โคตรหลอน..!! [โรงเรียนไดเม่]](http://i.ytimg.com/vi/2MAEMwqVYh8/mqdefault.jpg)
Hax to Save Tax: www.taxplanningforsalariedemployees.com
💸DEMAT Account: link.lla.in/Demat
Sir mails msg tweet kahi to reply dedo
it would be helpful if english subtitles are added for non hindi speakers... or can post in english please
I need help!!!
My current organization which is Tech Mahindra, is not giving me my salary slip and Wi-Fi reimburse. What should I do?
@@musiclove3272 they have to give salary slips. Escalate it to the HR? what is their response on the matter?
Are u Rishabh Jain from DAV Centenary Paschim Enclave.?
Everything by LLA is very good and detailed, thank you for providing all these for our jagruk jantha.
I would like everyone to like the video also rather than just viewing the content so that they get more promotions
When I first applied for the PAN CARD using Physical form. I saw HUF in the form as an option. Till today, I had no idea regarding HUF can be created with an individual (Members) PAN card.
Thanks, @LLA for the very detailed video on HUF.
I am single and the income tax department is such that they allowed me to frame HUF Pan Card then came bank which were more foolish to allow me to open account while being unmarried and til date I am saving tax.
Extremely well-detailed and answers all the important questions. Thank you!
BHAII.BHAII 😂🎉
CA.INTERN'S
LOVE FROM INDORE M.P❤
O bhai kya gyaan dete ho.🙆🙋
. PhD level ke uper ka knowledge he. 😍😍😍😍😍😍
Rishabh ji, your channel is the most useful channel in all of you tube. Thanks a lot!
Excellent musuc. Beautiful way of talking by ca sir and hist is a great simpleton. Loved this video.
Hello Rishabh
1. Can Karta of HUF gift his/her HUF say upto 250000 and file ITR(NIL) of HUF with income from other sources and invest the same in stock market to generate income for HUF?
2. Can a person gift his wife and she can further invest to generate income for her self?
3. Please make a video on filing ITR.
Loved it. Please cover more unhidden facts like these....❤
*hidden
Excellent video by Sri Rishabh Jain and Sri Anoop Bhatia. It is very structured and answers most the questions about HUF. Good collaboration. God bless you 🙏
Is a HUF required to file an ITR if it does not have taxable income. Company or Firm is required u/s 139
Best channel....this video should reach every individual...till date i dont think so anybody knew about this..thanks a lot for this informative video
Thank you so much for video. I was searching and reading a lot of content on web but didn't find such detailed video. Thank you again.
Thanks a lot. This episode is really useful for a lot of 'sadharan janata'.
Thanks Rishabh brother.. this actually help
Rushab aap bahot hi acha financial knowledge dete hai
I am very impressed
Bhatia Sahab kitne pyar se explain karte h..
Simple and informative, I didn't know all these facts. Thanks a lot
Very well explained and simplified ! Please keep these coming! 🙏
Beyond doubt … your channel is making amazing job
Really Nice. It has cleared all doubts. This may be the BEST video available.
Glad it was helpful!
Thanks a lot, this is my first monetary thanks to any video on youtube
Could you please explain about how expenses will be manage in case of HUF, with some example. What proof need to submit or how it works?
1) If coparcener is a partner in a partnership firm on behalf of HUF - Then income from partnership firm will be added to the income of Partner or HUF ?????? 2) If HUF can take loan from members and coparceners - Then it means that HUF can show this as capital as well and pay interest on this capital to the members of HUF. Can this be possible to raise capital in this manner in HUF ?? 3) If coparceners of HUF divide their property among all of them - Then the HUF can work in similar manner as before partition ?? 4) HUF cant be dissolved - Does this mean once we form HUF - we can never get rid of HUF concept - HUF will continue forever ????
Thanks a lot Rishab and Anoop ji for this exceptional vlog where I could clear all my doubts. Great job Labour Law Advisor for such educative videos on business and finance.
So much informative video
Got all doubts cleared
Great Knowledgeable video. Specially understanding about HUF in simple manner by CA Anoop Bhatia Sir is very pleasant. Rishab Jain Sir you are doing tremendous work Just keep going. it will good to see again and again with Anoop Sir. I really like your videos.
Bhai ap muje bata sakte ho simply ki HUF kya hota hai
Your intro music is awesome and thanks for sharing this valuable information.
I like the background music of your YT channel. Ofcourse the content & information provided are also very good
Very detailed n helpful video. Thnx a lot for such great content.
Very impressive, all the points covered.
Thanks for this excellent explanation by you and Anoop sir. Also, please consider a situation where son gifts Rs. 5 lacs to father (no tax implication since relative). Now father gift these 5 lacs to son's HUF where father is not a member.
This gift of 5 lacs would be taxed in the hands of HUF (no clubbing since gift not received from member) and lets say this is invested and interest of 40,000 earned.
Now total income of HUF would be 5,40,000 (gift + interest). And tax thereupon can be brought to 0 after availing various deductions.
Earlier son had invested this 5 lacs in his personal PAN and was paying 30% tax on this interest (40000*30%= 12,000)
And now by transferring this to HUF, tax on this interest is Nil. So effectively 12000 saved here.
Is this tax planning possible? Please correct me if I'm going wrong anywhere.
Need to plan properly
I also have same question . Aapko solution mila ????
Good 🌟 point
Why take the long route here, son should directly gift to HUF and not taxable in the hands of HUF also
@@LabourLawAdvisor what is not proper here?
Sir, if a couple who does not have children forms an HUF and later one of the spouses dies, does the HUF still survive with the living spouse as its sole member?
Yes it does. It can continue even if the surviving spouse chooses to remarry.
No in that case HUF ceased to exist and becomes individual property. There must be at least 2 members to continue as Huf.
Very interesting information.
Can you share history of HUF and why it was started.
Thank you Rishabh and Anoop ji for this enlightening video. May you get all the success to keep up the good work.
I do have one query that I would appreciate an answer on, regarding the gift that can be given to HUF by an external member, is there a limit to the number of times the gift can be given, I.e. Can I take 5Lakhs twice in a year?
Very interesting & nice information. Refreshed all legality of HUF👍🏿👍🏿🙏🙏
Yes, thank you
Nice informative vedios..keep posting..also post vedios relating to IT proceedings by taking practical examples.
We will try
Excellent information bhai log 🙏🙏🙏❤️
watching it the 3rd time and I finally am getting it. Thank you for this video.
Sir , great knowledge provided by you.
1) I have one HUF comprising My mom , me and wife. Can I open new huf of me , my wife and 2 children.
2) What if I transfer my money to HUF for stock trading /IPO? It will taxable to whom me or HUF in case of sell of stock thr HUF demat?
dahej to huf mein hi lena 😂
Mere husband ne bhi aise hi dahej lia tha... His such a cootie...
Jai sairam......BABAMALIK🙏🙏😀 HUF KE INCOME BAN JAYEGE AUR FULLY TAXABLE HOGA.... SUBJECT TO CERTAIN LIMIT
@@shreyaraj5265 Are you serious ma'am ??
No
The gift received on the occasion of marriage is not taxable
Great knowledge.
Thank you LLA
A ton of thanks to LLA team'❤️
Wow sir, apke vdo se hum jaise school students aage jake bhout kuch kar payenge , hope kisi app aage bhi aise simple aur assan vdo banayenge, hope ki sir aap CA anup sir and CA rachnana ranade ka collaboration kar k kuch banaye maza ayega 😁😁
SIR SUPERB.. PLEASE MAKE VIDEO REAGARDING HUF TRANSACTIONS AND TAXES AFTER DEBIT/GIFTS
This is really excellent video I found on HUF on TH-cam
thanks you sir so very much, you cleared all my doubts in simple ways
Nicely explained by Rishabh ji and Anoop Ji
Sir private limited company ki video kab aayege???????? Thanks for your information 🙏🙏🙏
Soon
@@LabourLawAdvisor 🙏🙏🙏❤️
@@LabourLawAdvisor main single hoon kar sakata hoon kya
Ya papa ke nam per kare
1. Sir Could I start SIP in stocks/mf from my current account of prop. Firm.
2. If yes, what would be taxation on my invested SIP annual amount.
3. If I gain LTCG then it would be taxed 10%. Or profit would be added in my net income and then taxed according to IT slab.
Eye opener. Didnt knew about HUF in respect to taxation.
Can we get advices / consultation from LLA?
Nice video... cleared a lot of doubts
Very Informative; I have always been strongly in favour of creating HUF for tax management.Is agriculture income exempt from taxation under HUF? Congratulations & BIG THANK YOU for such a wonderful episode on a topic which is discussed so less.
Yes
This video was very helpful. Please keep making such informative videos👍
I will try my best
What an amazing content ... thanks for such explanation
Thanks for the very detailed info. Can individual incomes of family members be considered as part of HUF income to avail tax benefit ?
can more than two or more salaried person open HUF who have Demat accounts and rented houses on their name. Nice series very informative thanks Mr Anup ji and Mr Rishab ji
Did you get an answer to this? I too have same question.
Need help to understand following - 1) If I transfer stocks from my demat to HUF then who has to pay CG tax - Me or HUF? 2) What about real estate...If we want to transfer our apartment in name of HUF, do I need to reregister and pay stamp duty? Rental income from such property will be income of me or HUF?
I want to setup a small manufacturing unit should I start with proprietorship or HUF
Being a ca inter student it helped me to understand paper 4 and paper 2
can someone explaint this: Anoop sir gives example if you received Rs 5 Lakh from father in law while calculating tax Rs 2.5 lakh gets exempted and 1.5 lakh gets exmpted under 80C. How that 2.5 Lakh gets exempted?
As first 2.5 lacs of income in non taxable
Sir, without taking gift in HUF from members - if we take Loan in HUF for share trading. Will it be okay ?
As Income will not be clubbed to members. (HUF will run on Loan Taken, and NiL Capital)
Also, can Loan be taken on 0% interest terms ?
Another thing is - Now profit earned from share trading will be wholly of HUF profit and taxable in hands of HUF. So, profit earned = Capital of HUF. Right ?
One more question is - If you see now Settlement cycle of T+1. Hence, selling share BTST or further will be STCG fundamentally. So, filing BTST and such STCG in HUF will be okay ? Because if Income Tax consider it as business, then HUF might be liable for Tax Audit too as Turnover will be calculated as Total Selling Value of shares.
Pls elaborate the concept on commission income on sale of material & if karta gives gift to huf or take them what will happen
Rishabh, I've questions regarding money added to HUF.
1) If money added by member like my wife to the HUF account then her deposited money to HUF account would be tax free for her? (For example if she earns 100000 per month and she gifts 20K to HUF aacount then she has to pay tax on only 80K or she has to still pay tax on 100K?)
2) limit of 50K gifts can be received in HUF but this is the limit of per annum or per month?
Question 1 kya minor bacche HUF me include kar sakte hai?
Question 2 kya Male karta apni personal property HUF ko transfer karke , HUF ko usi property ka rent pay kare toh wo HUF ki income me count hoga kya?
Sir Huf deed download link is not working, please update it.
150000 ki 80c hai individual ki to wo dono jagah le sakate hai kya .huf and individual me
Thank you. Very informative.
Sir, I have formed HUF with my husband and children's. I am senior in age as compared to my husband. I preferred to be karta as management of huf is to be done by me. My husband is not interested also has other commitments. Considering year 2005 amendment to Hindu law and other ruling, I became karta. Is this correct stand or need to rectify.
Kindly make one video on section 87a of income tax act.
If I form a HUF, can I transfer my salary to fund the HUF and trade in stock market, will I have to pay tax on the stock market returns as individual? Or only huf will be taxed since it's a capital infused by one of the HUF members?
U can open a separate bank account of HUF and transfer money to it. And can carry out any business. The HUF will be taxed separately for it's income.
@@Noone-hh5cq ya found the answer in the next 2 weeks and did exactly that. Thanks anyways
@@Noone-hh5cq So if a am karta of the HUF account and I have deposited some x amount in the HUF account then will it be taxed as income (if it falls in slab) for HUF and will any interest earned on that money be taxed only for HUF or for HUF and Karta
@@ashwinsnmv Can you put the reference video for checking
@@1993SWAROOP No reference video. There are plenty of info on Google.
Affidevit is not really needed to apply for HUF PAN card..make sure when you apply foe the card online..add HUF after your name...refer to how to fill up a form online
Can you please Explain the Income Tax of HUF in case of New Tax regime
Thankyou sir❤❤❤ for precious information
I have a flat on my name.
Now I want to include my wife as a co-owner. How can we make use of HUF here to get tax benifit for her as well ? In this case can we both get the benifit of 2L on interest amount ?
Currently I am only applicant on my home loan.
risky move. bina contribution k kisi ko co-owner nahi banana chahiye. aajkal rishtey bhi kamzor hain. baki kuch special cases me log acche bhi nikalte hain but who knows
Thanks for this topic
Income in HUF and Individual are considered while calculating Income of family?Both
Please create video for taking investment or loan from family friends or loan with zero interest.
Possible to take investment in personal account or any related video
"Transferring Own property to Huf without adequate consideration will attract the provision of Clubbing and hence any rental income received by the HUF will be clubbed in the hands of Transferor.
Mam correct me if I am wrong!!"
Thank you so much for well explained
Thanks for sharing such valuable information sir....plz guide can a property be purchased directly in name of HUF.Directly means has no linkage to ancestoral assets.Eagerly waiting ur reply sir
Sir, superb information for huf but huf ka 80c ka 1.5 lac kaha invest kar sakte hey vo information milti to accha rehta. Thank you sir
love your work, keep it up.
Can you please include English sub titles so that it can be shared to a wider audience
Please provide detailed video on gifting in HUF
I have recently bought a apartment in my and wife's name.
Apart from my job, I have alternate source of income from Share market.. STCG
If I register a HUF and open demat using HUF thus making all income from share market in HUF..
Question
1. Can I make this alternate income's 80C declaration for my new apartments principal repayment.
2. If not then how can I do it.
As far as I know you cannot do that. It's like claiming 80C deduction for a house that your brother brought which had nothing to do with you as you both are separate tax individuals. Unless the home loan is taken on the name of HUF (with you signed as a co-applicant), you can't claim 80C deduction on principal amount while filing the income tax of the HUF.
Is this video can consider in today's tax planning?
Extremely helpful contents. I have a question can I pay house rent to HUF but I am also member of same HUF
Zabardast great guys. Thanks a lot for this information
Bhai ap muje bata sakte ho simply ki HUF kya hota hai
When a member of Huf taken loan from Huf and pays interest to Huf. Can the interest paid by individual help him in tax saving in his income tax file?
Really helpful, cleared all my doubts! Keep making such videos.
If I use my money to buy stocks in HUF, will the capital gains (short term /long term) will be clubbed with my income?
Nope
Question : in case of HUF, if person X is a karta of HUF , A is a 1st wife of karta (She is no more ) & B is a 2nd wife of karta so in such scenario if property owned by Deceased Wife (A) awarded to Karta(X) by court order and pension of Deceased wife (A) can be allowed to be a part of HUF income ?
I don't know why the concept of "Undivided Family" in Income Tax Department is only exists for Hindus and it's subsidiary religions but not for Muslims?
Sir, Please tell me the truth behind this.
Actually surprised to see a Hindu wanting to know why he gets certain privelege while Muslims don't.
Don't get me wrong
great video thanks for the detailed explanation.
Thanks a lot for this video.
One doubt though, I have read that for an HUF to file ITR, it must have atleast one coparcener.
But an HUF is automatically created at the time of marriage. So, can a couple form an HUF and file ITR. Note - they don't have a child, so there won't be any coparcener.
Would be waiting for the reply, thanks again.!
Yes they can
Thanks for detailed information
Sir please guide- If a govt employee wants to start a business, can it be done through HUF?
interesting information ... however, income generated from huf and distributed to members ... is it taxable in their hands?
Profit share post tax No, Salary / remuneration yes
Sir,
1-Can a divorcy male with children, make an HUF?
2-Can a HUF buy a life insurance of any member?
Please guide... 🙏
Yes
I'm a software employee, due to covid I'm doing work from home and I'm staying in my father house. Can i pay rent to my father legally and how much maximum rent I can pay to my father. We are staying in a village
Yes you can. No Idea on rent cap in rural area. In urban area you can use full HRA cap.