HUF : 2 Positive Changes Under Finance Bill 2012-13

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Among many amendments brought in Individuals and HUF are affected together. However Finance Bill 2012-13 has brought in two amendments which positively affect taxation of Hindu Undivided Family i.e HUF . These changes were actually a kind of clarification to make the position of already present provision in respect of HUF. The first change proposed…

About Prashant Thakur
The author has spent twenty years with Income Tax department and desire to service common citizen of India which include professionals like tax practioners ,CA,ICMA, CS and tax lawyers by advising them on the direct tax matters for a very affordable fee.

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