HUF A Tax Planning Tool || How to Save Tax Through Hindu undivided Family

Рет қаралды 2,715

CA Sumit Sharma

Күн бұрын

Пікірлер: 40

@manojshinde5434 4 ай бұрын

Thank you for giving very good information 🙏

@CASumitSharma 4 ай бұрын

Most welcome

@D_Singh1313 4 ай бұрын

Very nice information vlog ji

@CASumitSharma 4 ай бұрын

Thank you 😊

@anjlimehta9188 4 ай бұрын

thank you for the guide sir ji

@CASumitSharma 4 ай бұрын

Most welcome

@TaxSolution-tn3gv 4 ай бұрын

Thank you so much for wonderful content

@CASumitSharma 4 ай бұрын

👍

@YTSHORTS-dh1vo 4 ай бұрын

thank you sir ji

@CASumitSharma 4 ай бұрын

Most welcome

@ca.amitkakkar 4 ай бұрын

How to create capital of HUF in a way that clubbing provisions do not apply other than by ancestoral property & property by inheritance?

@CASumitSharma 4 ай бұрын

Business Capital gain Are main Income Can take loan or Gift for that

@ArjunSingh-vs9wb 12 күн бұрын

Gift from father in law 5 lakh and tax on that how show in documtation by cheque neft how make gift deed sir plz reply i have make new huf and want 5 lakh corpus by father In law as gift by paying tax what amt of tax on this transaction and how show it

@highereducationworld9943 8 күн бұрын

Just withdraw amount from your account and deposit it with the name of any of your friend and the capital is generated, Govt can never trace just make sure that the transfer amount is always less than 40k

@joginderSingh-vh1md 4 ай бұрын

Sir jai hind 🙏🙏 New channel ka link dal do search karne se nahi mil Raha thanks 🙏💖

@CASumitSharma 4 ай бұрын

youtube.com/@taxellent?feature=shared

@understandthewordsfeelthes3036 4 ай бұрын

👍

@CASumitSharma 4 ай бұрын

😇😇

@BANKKNOWLEDGE777 4 ай бұрын

Sir ji kya aap mujhe bata sakte hai ki Pan card me aagar aapke pass last name nhi ho toh kya karna chahiye kaise usko fill up kare ?? Dusra last ekk option aata hai jisme hame place likhna hota hai usme kya fill up karna padta hai ??? Please sir ji reply Mene aapka pan card wala video dekha par usme samjh nhi aaya ye point Please sir ji bata dijiye 🙏🙏🙏

@CASumitSharma 4 ай бұрын

Last name me daal do . Place jaha baith k wo bhar rhe ho

@BANKKNOWLEDGE777 4 ай бұрын

@@CASumitSharma first name column ko blank chod de kya ??? Sir ji

@sumitlehri5704 4 ай бұрын

profit of huf ko agar distribute kre member mei tuh kya wuh profit exempt hoga member ke haath mei?

@CASumitSharma 4 ай бұрын

Such profits, if distributed, will be taxable as the individual income of the members. However, if the income has already been taxed at the HUF level, it will not be taxed again in the hands of members.

@akshaydhawde4201 4 ай бұрын

1)Huf pan को आधार कार्ड से लिंक करना complsary है क्या? 2) xyz Huf के नाम से खाता open किया chque किस नाम से ले?

@CASumitSharma 4 ай бұрын

1 no 2 XYZ Huf

@suryatejaparvata 4 ай бұрын

2:54 govt ko toh sapne nahi aate , good one.

@CASumitSharma 4 ай бұрын

☺️

@tanwarrajiv1237 Ай бұрын

If husband is govt employee and wife is doing trading only. HUF bnwana skte h kya?

@CASumitSharma Ай бұрын

Yes

@tdrack1000 Ай бұрын

If i create huf and i am a government employee then can i do traiding with huf account?

@santoshgupta7973 Ай бұрын

1. HUF ka benefits Salaried person utha sakta hai ya nhi.? 2. Only one earning person apne income ko apne wife and sons ko distribute kar sakta hai? Please help.

@CASumitSharma Ай бұрын

1. Yes 2. You can give loans or gifts Keep clubbing provisions in mind

@amitkumarkhichi7052 Ай бұрын

Me govt job m hu mujhe salary k alawa rental income aati h jiski vjh se mujhe income tax dena pd rha h me, meri mumy, wife or meri ek beti h family me to kya me huf se rental income ko divert kr skta hu jisse vo meri income m na add hoye plz btaye Share your num sir

@CASumitSharma Ай бұрын

Aap apni rental income ko Hindu Undivided Family (HUF) ke naam par divert kar ke apne individual income tax liability ko reduce karne ka soch rahe hain, toh iske liye kuch important baatein samajhna zaroori hai: --- 1. HUF Create Karne ke Liye Conditions HUF banane ke liye aapko: Ek HUF bank account kholna hoga. HUF deed banani hogi, jo declare karega ki HUF ka formation ho chuka hai aur usme kaun members hain. HUF ka PAN card apply karna hoga. Aap apne aur apni family ke naam par HUF bana sakte hain (kyunki aapki shaadi ho chuki hai aur family exist karti hai). --- 2. Kya HUF Rental Income Ko Divert Kar Sakta Hai? Aapki property jo rental income generate kar rahi hai, usse HUF ki income tabhi banegi jab: 1. Property HUF ke naam par ho (ownership transfer ho ya HUF ke fund se kharidi gayi ho). 2. Agar property aapke naam par hai, toh gift deed ke through property ko HUF ko transfer karna hoga. Important Note: Agar property aapke personal naam par hai aur uski rental income ko directly HUF ki income dikhayenge, toh Income Tax Act ke clubbing provisions ke tahat ye income aapki individual income me hi add ho jayegi. Sirf wahi income HUF ke naam par taxable hai jo HUF ke asset se generate hoti hai. --- 3. HUF Ka Tax Benefit HUF ek alag taxpayer ke roop me treat hota hai, aur uska apna: ₹2,50,000 ka basic exemption limit hota hai. Tax slab rates individual taxpayers ki tarah hi hain. Agar HUF ki income ₹2,50,000 se zyada na ho, toh aap effectively us income par tax bacha sakte hain. --- 4. Gift Deed Se Property Transfer Aap apni property ko gift deed ke zariye HUF ke naam par transfer kar sakte hain, lekin: Aap property ko gift karenge toh stamp duty lagti hai (depending on state rules). Transfer ke baad property aur uski rental income HUF ki income ban jayegi. --- 5. Practical Consideration Aapko ensure karna hoga ki HUF ki property aur personal property ki ownership clearly documented ho. Agar aap sirf rental income ko HUF me divert karna chahein bina ownership change kiye, toh ye tax evasion mana jayega, jo legal nahi hai. --- Conclusion Aap HUF banakar aur property ko HUF ke naam transfer karke apni rental income ko HUF ki income bana sakte hain, lekin is process me legal compliance aur potential costs (stamp duty, transfer fees) ka dhyan rakhna hoga. Iske liye aap ek tax consultant ya CA se consultation lein.