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Querist : Anonymous (Querist)
29 January 2013 can huf transfer funds to the member to buy a house property of male or female member of huf
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CA Himanshu Kansal

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CA Himanshu Kansal (Expert)
29 January 2013 Yes, HUF can transfer funds to the member to buy a house property of male or female member of HUF, in that case, in the books of HUF, advance to that person stands. There is not any tax complexity involve in this.

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