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? When filing Income Tax Returns  in India, you might come across the term Hindu Undivided Family, which stands for hindu undivided family. The concept of HUF is unique to India and is recognized under the Hindu law, as well as the… Read More »