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benefits of huf

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(Querist)
01 January 2017 What is the benefit in forming huf for a normal salaried person
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
01 January 2017 HUF formed to save tax benefit , Income of HUF Is taxed separately since having separate PAN for family, same benefits as individual slabs, so income from HUF Is assessed separately also HUF Can avail 80C benefits.

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