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Loan to huf
can a karta Give interest free loan to huf without attracting clubbing provisions?
Replies (4)
Yes.....
Karta can give interest free loan to member but if loan give to member for tax evasion then clubbing provisions applicable
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?
No....
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