30 January 2013
I Have received a residential property from my father which was constructed from his own earned income.I have rented out the house.Can I show the rental income as HUF Income. When can a property treated as HUF Property.
30 January 2013
that property can be treated as HUF Property, if a person by way of his will/giftdeed, emphasize that the property will be used for the members of HUF, and will be owned by HUF.
CAclubindia
