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income tax rules for HUF

When does taking money from HUF account become a partial partition? | Mint
  • Personal Finance

When does taking money from HUF account become a partial partition? | Mint

TheSpuzz Desk1 month ago06 mins

Source: Live Mint I have a HUF of which I am the Karta. Say, I create capital through gift in my new HUF from non-members and then invest the amount in bank fixed deposits. After 2-3 years , I need money so I withdraw money from those FDs. Is withdrawal of cash from HUF bank…

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