Rent income

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

28 May 2013 Can we show as Rent Received as Income in HUF, From the property shown in Individual?
Reply with reasons will be appreciable.

Thank you. !!

CA Sourabh Agarwal

CA Sourabh Agarwal (Expert)
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28 May 2013 Practically no. First it must be the property of HUF then only your treatment is possible.

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C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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15 July 2013 The owner of the property is entitled to get the rent and no one else. In your case if the HUF is the owner of the property then it can be shown in HUF otherwise not.

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