Tag: HUF

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Should you transfer fixed deposits to a HUF account? | Mint

I am a retired bank employee. My total annual income is around 15 lakhs, which is comprised of a pension, LIC annuity, rent on...

Navigating TDS claims: Options after late ITR submission | Mint

My HUF had filed its income tax return (ITR) for the A.Y. 2024-25 on 1.08.2024. So I was late by one day. The income...

Do NRIs have less advantage than residents on indexation benefits | Mint

Is it true that non-resident Indians (NRIs) can no longer avail of the indexation benefit, while residents still can?—Name withheld on requestVide The...

Can a single coparcener maintain HUF status? Tax implications explored | Mint

A HUF consisted of a father, his wife and their son. The wife passed away in 2010, but the HUF continued with the...

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