Loan to huf
CeeJay C.J. (3 Points)
04 November 2020
can a karta Give interest free loan to huf without attracting clubbing provisions?
4 Replies
Sanjiv Rajpoot
(3430 Points)
Replied 05 November 2020
Karta can give interest free loan to member but if loan give to member for tax evasion then clubbing provisions applicable
CeeJay C.J.
(3 Points)
Replied 05 November 2020
I am a karta and and i want to give interest free loan to HUF to invest and trade in the Share market! Will this attract clubbing provisions?
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