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Querist : Anonymous

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Querist : Anonymous (Querist)
09 July 2010 what is the exemption limit for karta of HUF whose is is 70 years?
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
09 July 2010 RS. 160000/- IRRESPECTIVE OF KARTA IS SENIOR CITIZEN OR NOT.
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Akhil Agrawal

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Akhil Agrawal (Expert)
09 July 2010 Well i think Mr. Gupta has a different opinion.

The Q as i can interpret is for Karta that means an individual. the q is not exemption limit of HUF. In this case it will be for AY 10-11 - 240000 & for AY 11-12 - 240000
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