Capital in huf

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Querist : Anonymous

Querist : Anonymous (Querist)

03 October 2017 How can i raise capital in HUF?

Amol S Joglekar (Expert)
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03 October 2017 the same way as you do for any other organisation......loan, gift, internal accruals and so on

Querist : Anonymous

Querist : Anonymous (Querist)

03 October 2017 Can karta of huf gift to huf in cash. Also, can the relatives of karta gift to huf in cash

Amol S Joglekar (Expert)
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03 October 2017 yes. That can be done. Be careful of section 56 of Income tax

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