HUF taxation
This query is : Resolved
06 February 2020
I have one query,
Can HUF karta buy a house for his son from the corpus of HUF. HUF karta has three children where He has an intention to buy a house for one son only from HUF money.
Please suggest urgently.
Thanks
Barkha
Can HUF karta buy a house for his son from the corpus of HUF. HUF karta has three children where He has an intention to buy a house for one son only from HUF money.
Please suggest urgently.
Thanks
Barkha
06 February 2020
yes, Karta can do so through HUF funds
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