Can a member of HUF grant interest free loan to HUF or Vice Versa without attracting any clubbing provisions?
Can a member of HUF grant interest free loan to HUF or Vice Versa without attracting any clubbing provisions?
Sir,
I dont think clubbing provisions will be attracted here as there is no transfer of asset or income......So none of the sections of clubbing can be invoked...
CAclubindia
