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Permitting Coparcener of HuF ?

02 April 2024

A Coparcener wants to trade exclusively in the trading account of huf. Coparcener cannot trade in her own account due to corporate restrictions. Is it legally ok? Any suggestions/precautions? TIA

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2 Replies

Yasaswi Gomes new (Finance ) (4545 Points)
Replied 02 April 2024

If it is restricted at job, husband or relatives can trade without including this person pan.

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CA Raj Doshi (Practising CA) (8939 Points)
Replied 06 April 2024

Only the restriction guidelines outlined by the employer can confirm if it's legally ok.

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Permitting Coparcener of HuF ?

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