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Huf

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 November 2013 1)can HUF take a loan from a individual who is karta of that HUF.
2) can that loan taken as interest free.
3)what is limit (amount)of loan ?
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Ajay Mishra

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Ajay Mishra (Expert)
12 November 2013 Go to the following link, it may help you:

http://taxguru.in/income-tax/meaning-formation-taxation-membership-and-partition-of-huf.html

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