Tag Archives: #HUFtaxfiling

How HUF is taxed?

HUF taxation

HUF Taxation   HUF taxation, A Hindu Undivided Family (HUF) in India is treated as a separate entity for income tax purposes. The taxation of an HUF is similar to that of an individual taxpayer, with certain specific provisions and deductions applicable to HUFs. Here are some key points regarding the taxation of an HUF: 1.… Read More »

What is HUF in ITR?

Income tax act

                  What is HUF in ITR In the context of filing Income Tax Returns (ITR) in India, HUF refers to Hindu Undivided Family. HUF is considered a separate entity for income tax purposes and is required to file its own ITR. Here are a few key points… Read More »