LOAN BY MEMBERS OF HUF TO ITS HUF
This query is : Resolved
27 July 2009
Can members of an HUF advance loan to its HUF?
27 July 2009
yes, just check the source of income to member of HUF. He/She must be having the sufficient source of income to lend such advance along with his/her regular expenses.
27 July 2009
agree
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