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.
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
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.
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 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.
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) 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 ????
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?
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?
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.
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?
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
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.
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.
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?
Sir, thanks for this awesome video. I am now opening HUF account Can you please suggest whether initial contribution (when we open the account) is exempted even if it is paid by karta and member. Is it true or the gain on that amount (greater than 50K, lets say 5lacs) will be clubbed as karta’s income Will wait for your response before opening the account- thanks
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
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?
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
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.?
O bhai kya gyaan dete ho.🙆🙋
. PhD level ke uper ka knowledge he. 😍😍😍😍😍😍
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.
Bhatia Sahab kitne pyar se explain karte h..
Extremely well-detailed and answers all the important questions. Thank you!
BHAII.BHAII 😂🎉
CA.INTERN'S
LOVE FROM INDORE M.P❤
Rushab aap bahot hi acha financial knowledge dete hai
I am very impressed
Rishabh ji, your channel is the most useful channel in all of you tube. Thanks a lot!
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
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
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.
Loved it. Please cover more unhidden facts like these....❤
*hidden
Beyond doubt … your channel is making amazing job
Excellent musuc. Beautiful way of talking by ca sir and hist is a great simpleton. Loved this video.
Really Nice. It has cleared all doubts. This may be the BEST video available.
Glad it was helpful!
Thanks a lot. This episode is really useful for a lot of 'sadharan janata'.
Thanks a lot, this is my first monetary thanks to any video on youtube
Thanks Rishabh brother.. this actually help
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.
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
So much informative video
Got all doubts cleared
Simple and informative, I didn't know all these facts. Thanks a lot
Very well explained and simplified ! Please keep these coming! 🙏
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.
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 😁😁
Great knowledge.
Thank you LLA
Very detailed n helpful video. Thnx a lot for such great content.
A ton of thanks to LLA team'❤️
Nicely explained by Rishabh ji and Anoop Ji
This is really excellent video I found on HUF on TH-cam
Mr Anoop Bhatia is a legend
Your intro music is awesome and thanks for sharing this valuable information.
Very interesting & nice information. Refreshed all legality of HUF👍🏿👍🏿🙏🙏
Yes, thank you
watching it the 3rd time and I finally am getting it. Thank you for this video.
Being a ca inter student it helped me to understand paper 4 and paper 2
I like the background music of your YT channel. Ofcourse the content & information provided are also very good
Very impressive, all the points covered.
Excellent information bhai log 🙏🙏🙏❤️
Nice video... cleared a lot of doubts
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 ????
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?
Nice informative vedios..keep posting..also post vedios relating to IT proceedings by taking practical examples.
We will try
SIR SUPERB.. PLEASE MAKE VIDEO REAGARDING HUF TRANSACTIONS AND TAXES AFTER DEBIT/GIFTS
thanks you sir so very much, you cleared all my doubts in simple ways
Very interesting information.
Can you share history of HUF and why it was started.
What an amazing content ... thanks for such explanation
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?
Jagruk Janta 👍🙏
Thankyou sir❤❤❤ for precious information
This video was very helpful. Please keep making such informative videos👍
I will try my best
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?
Gazab ka vidoe hai sir maza hi agaya
Very Informative video.
Thankyou
Zabardast great guys. Thanks a lot for this information
Bhai ap muje bata sakte ho simply ki HUF kya hota hai
Thanks for detailed information
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
Thank you. Very informative.
Thanks for this topic
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.
Thank you so much for well explained
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.
love your work, keep it up.
great video thanks for the detailed explanation.
Eye opener. Didnt knew about HUF in respect to taxation.
Can we get advices / consultation from LLA?
Very very informative ❤️🌟
woooooonderful sir !!! what a video.
Really helpful, cleared all my doubts! Keep making such videos.
Gold!
Thank you so much very helpful
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
Beautiful Video 👏
Excellent Content. However, please reduce the Ads in between by atleast 1.
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.
Uniform Civil Code is much needed
Very informative
superb
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
Thank you
Is HUF good option for Travel business? Travel agent or Tour Operator or DMC. In Travel business, commission (markup) is major income source.
Great informative video Sir, please keep it up. I shared this to all my friends and family members.
Thanks and I am waiting for your next video.🙏🙏
So nice of you
Thanks for the very detailed info. Can individual incomes of family members be considered as part of HUF income to avail tax benefit ?
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.
Amazing video ❤️
Can you please include English sub titles so that it can be shared to a wider audience
Great Video!
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?
Thankyou 🙏
Always welcome
Sir, thanks for this awesome video. I am now opening HUF account
Can you please suggest whether initial contribution (when we open the account) is exempted even if it is paid by karta and member.
Is it true or the gain on that amount (greater than 50K, lets say 5lacs) will be clubbed as karta’s income
Will wait for your response before opening the account- thanks
Very informative.
Is this video can consider in today's tax planning?
Good info sir.
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
Salute
I want to setup a small manufacturing unit should I start with proprietorship or HUF
Thanks Sir🙏🏻
Nice Vedio 👍
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?
Extremely helpful contents. I have a question can I pay house rent to HUF but I am also member of same HUF
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
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