CARO Reporting

Yogi Saraf (Audits & Taxation) (86 Points)

29 January 2010  
Under CARO reporting for pvt ltd. co., loans taken from the HUF where director is the karta, whether disclosure under clause (iii) is required, i understand that sec 2(41) read with Sec 6 and schedule IA inter alia provides a relative to include 'members' of HUF, My ques is Whether dealing with the HUF and not its individual members, is also covered under dealing with relatives and hence reportable in CARO??? Please justify...