Dear Priyanka , It has been after very long time since you left cnbc am hearing you.All the best for your new venture and wish you attended great heights .
Amazing video, brilliantly prepared points and explained it very clearly. Randomly clicked on this video and watched it without minimizing and scrolling for any other video. Now, I'm thinking of forming HUF. Great Job to entire Team👍
Very Interesting topic. I learnt a lot by watching this. The anchor is very professional and keeps the things very simple. Asks the right questions. The expert is also very knowledgable and explains nicely. Thanks and Best wishes...
hats off sir. aisa gyan india me har taxation angle ka, har sarkari scheme ka dene wala koi ho to sahi matne me desh ki progress ho sakti hai. kahi practitioner stereo type practice kar ke apne client ko ye fayde nahi pahucha sakte. N bade practitioner ke pass woh ja nahi pata n nahi bade practitioner ke pass etna samay hota hai. good n excellent knowledge given by you sir. maine Huf create to kar li 15 year back par uska benefit for taxation leunga abb. bahut bahut dhanyawad dhanyawad dhanyawad Sir n Mdm.
Priyanka mam, after a long time seen u on a very imp subject , which, many people don't know / understand. U r way of presentation is excellent. Thanks to Dr. Deepak for his explanation. One more interview , pl. Make a video for sr. Citizen , how they can give their valuable time / knowledge for Aam Admi.
While selling HUF property, purchaser’s bank insists that all coparceners should sign the sale deed, although Karta has the powers. In case of minor coparceners, situation gets more complicated if banks insists on Courts order.
Great show. I have 2-3 questions regarding HUF. At what point does it make sense to dissolve an HUF? Say Grandparent HUF continuing, and now I am his grandson. So far 3 generations in the HUF. Does it make sense to dissolve that HUF? Question 2 - How should an HUF be dissolve? ALso, Can I move funds out of HUF as per my own wish being the karta?
17:35 per aapane clubbing ke bare mein bataya. to is prakar rs 5 lakh rupaye ki income jo us plot se ho rahi hai, us income ko multiple tax payers mein divide karne ke liye agar vah plot mein huf mein gift kar deta hun tab bhi uski income meri hi income mein club rahi hai to is jagah huf ka benefit kaise hua? Pls explain
Thanks for useful information. I have one query, If we transfer any property to huf, then it reqd gift deed, which reqd stamp duty to be paid. And any income from that property will be clubbed. So, how does it become beneficial ?
Excellent show and discussed in detail. Please elaborate on how the initial capital of HUF can be created. Can it be shared by only Karta or also by its members and coparceners. For example can I gift an xxx amount every year to HUF, so that it's capital can be created. What would be the tax implications. Second question: how do we define whether HUF is formed under Mitakshara or Dayabhaga. Is it defined in initial declaration. Lastly, pls also help how a HUF can be dissolved. Whether Karta can decide for dissolution in his lifetime. Also, would like to see more practical questions on this topic, so that there is clarity on real life situations.
By taking Gift in HUF - you can create the capital of HUF... Once enough capital generated - earn the Income on that Capital - show in each year of HUF's Income Tax Return .... So slowly you can create good amount of Corpus in the HUF... That HUF Corpus / Money can be used for the purpose of buying of property or purchasing shares.
Thanks a lot for briefing on HUF. I have just formed the HUF. My first question is regarding funding of the newly opened HUF account. We never had HUF in my family. My father and mother died forty years ago, leaving some money to be distributed among my brothers and sisters. The said sum was invested, however as of now I have no proof to show that it was a distributed property. Naturally at this stage I have no option except to fund the account from my own account. Please let me know if there is an alternative to this, so that the funds are not capitalised in my personal account. Secondly can as a Karta, I can withdraw money without any restrictions. Thanks n regards Surendra Chelawat
Questions I appreciate if you can answer Q1 Can Salaried couple create HUF or it is beneficial for business Q2 Can couple who are working in MNC or Ltd company who have already shared individual PAN, and tax is getting deducted under that PAN, can we change to HUF PAN? Q3 If Wife is under 10% tax bracket and Man is under 30% bracket is it wise to get HUF and can company accepts this HUF pan Q4 can salaried family has to file single itr as currently I file itr2 and my wife files itr 1?
Thank you for this very clear and pointed elaboration on HUF. Kindly include in the next episode the process of transferring and buying property and adding other assets under HUF. Can the HUF buy land? And if so, then what is the procedure please?🙏
By taking Gift in HUF - you can create the capital of HUF... Once enough capital generated - earn the Income on that Capital - show in each year of HUF's Income Tax Return .... So slowly you can create good amount of Corpus in the HUF... That HUF Corpus / Money can be used for the purpose of buying of Land or property.
@@caamolkasat6043 Thank you for the kind revert. It is very helpful. Can my mother gift my huf a piece of land which is registered in her name please? And if so, could it then get registered in huf name on the basis of that gift certificate? what procedure should we follow? Will greatly appreciate any guidance please. Thanks again
Very well explained. My question is that my huf formed before 2001,my daughter was not coparsner or member , will she become coparsner automatically or as per law at that time will applicable ?
Thank you for very detailed information. Could you please clarify that if The Karta sold the house property and with that cash he can create HUF and transfer the money to HUF.
Sir Gift deed ka chq date - 1din pahle ka hai or stamp paper recently date ka hai to chalega kya.. Example - chq date - 19/12/2024 & stamp date - 20/12/24 ka hai
Hello After making HUF, can we do the following : 1. Transfer our flat to huf name? 2. Can we pay rent to huf? 3. Can we claim hra as per income tax rules?
Mam, very informative , my one query how to fund HUF without member being taxed (like Gift Tax)? second in first year of formation of HUF is whole fund (20lac) transferred to HUF account , is it tax free?
Thanks for the knowledge. If I want to save tax (I am the earner), should i register HUF for self or with father. What makes more sense. Plz make a video purely for tax benefits
Plz answer 2 questions in next video - 1. In my huf will my mother or father will be either member or co-parcener considering my mother or father do not have their own huf 2. If my son is co parcener in my huf and he gets married and creates his own huf will then can he do so and will after his huf will he still remain part of my huf
बहुत साल पहले प्रियंका जी को बिजनस चेनल पर सुनते थे , बहुत ही सम्मानित और प्रतिभाशाली एंकर है । शानदार जानकारी प्रस्तुत की गई ।
प्रियंका जी को बहुत दिनों बाद देखा बहुत ही सरल शब्दों में जानकारी देती है कि तुरंत समझ मे आ जाती है ,जानकारी के धन्यवाद
Bhnytfy6yy🎉yyyyy🎉y🎉🎉nnnn🎉n🎉nynynnn. Y vv
Dear Priyanka ,
It has been after very long time since you left cnbc am hearing you.All the best for your new venture and wish you attended great heights .
Amazing video, brilliantly prepared points and explained it very clearly. Randomly clicked on this video and watched it without minimizing and scrolling for any other video. Now, I'm thinking of forming HUF. Great Job to entire Team👍
What a wonderful conversation. The anchor Priyakaji and guest Deepakji clarified the HUF concept in a simple and lucid manner.
Very Interesting topic. I learnt a lot by watching this. The anchor is very professional and keeps the things very simple. Asks the right questions. The expert is also very knowledgable and explains nicely. Thanks and Best wishes...
hats off sir. aisa gyan india me har taxation angle ka, har sarkari scheme ka dene wala koi ho to sahi matne me desh ki progress ho sakti hai. kahi practitioner stereo type practice kar ke apne client ko ye fayde nahi pahucha sakte. N bade practitioner ke pass woh ja nahi pata n nahi bade practitioner ke pass etna samay hota hai.
good n excellent knowledge given by you sir. maine Huf create to kar li 15 year back par uska benefit for taxation leunga abb.
bahut bahut dhanyawad dhanyawad dhanyawad Sir n Mdm.
Dr Deepak Jain gives to the point answers rather than beating around the bush. His explanations are also very easy to understand
Private family Trust or HUF mein se kon sahi rahega ..are they contradicting ? or same ?
Mind blowing.. so many concepts and so much of knowledge in a single video. I want many more such videos on HUF ❤
Thanks to Deepakbhai for giving complete understanding and details of HUF formation.....Bunches of blessings to entire team...😊 😊❤
Bahut aache se cover Kiya.. good show❤
Wonderful conversation. My question is,
How to dissolve an HUF?
Very nice, Sambhav Madam,Aapka show phir se dekhne ko mila, Pahle aap Tax Guru Lakhotia ji ke saath CNBC awaaz par aate the, Thanq Madam
Very good show informative and educative keep it on
बहुत अच्छी जानकारी दी गई
ज़बर्दस्त जानकारी. धन्यवाद श्रीमान
Wonderful insight by Deepak ji! I want to understand how the expenses is claimed in HUF and under which head of income?
Thanks bhut achi information di aap ne ❤
Apka explanation bahut bahut accha hai ....
Aap kanoon law awareness program keriya Jo commons hai jai family, police, road, property,
Priyanka mam, after a long time seen u on a very imp subject , which, many people don't know / understand. U r way of presentation is excellent. Thanks to Dr. Deepak for his explanation. One more interview , pl. Make a video for sr. Citizen , how they can give their valuable time / knowledge for Aam Admi.
Superb communication on HUF
Very useful information. Please keep on spreading awareness through your channel on such important topics.
Very Nicely Presented 👏👏
Request to create and formation of 2nd episode for further details and information. Hope for the best.....
बहुत ही उपयोगी जानकारी ❤
Thanks a lot for bringing this on! It's super helpful!! :D
Bht achha content ❤❤
While selling HUF property, purchaser’s bank insists that all coparceners should sign the sale deed, although Karta has the powers. In case of minor coparceners, situation gets more complicated if banks insists on Courts order.
What about Salaied person, how can they distribute the income to HUF?
Same question I had thank you
They can't split salary income. Only income other than Salary will be Split
There is no much benefit for a salaried person to create a HUF
Got much more clarity on the subject thanks
Your information is very useful to me
Thank you for this informative content. Please also explain what are benefits of HUF for a salaried class person
Great show. I have 2-3 questions regarding HUF. At what point does it make sense to dissolve an HUF? Say Grandparent HUF continuing, and now I am his grandson. So far 3 generations in the HUF. Does it make sense to dissolve that HUF? Question 2 - How should an HUF be dissolve? ALso, Can I move funds out of HUF as per my own wish being the karta?
Thank you for all the information on HUF
Can we exclude one of family members from HUF or creat HUF of selected family members only
Very informative,Mam.Pl.continue such topic.
Great effort and help.
17:35 per aapane clubbing ke bare mein bataya. to is prakar rs 5 lakh rupaye ki income jo us plot se ho rahi hai, us income ko multiple tax payers mein divide karne ke liye agar vah plot mein huf mein gift kar deta hun tab bhi uski income meri hi income mein club rahi hai to is jagah huf ka benefit kaise hua? Pls explain
Very nice show by both of you.
Very informative show. Please do 2nd part if possible, in future. Got lots of information.
Very informative topic.Thanks for creating very good video 🙏
what are the benifits only for salary employees?
Thanks for useful information. I have one query, If we transfer any property to huf, then it reqd gift deed, which reqd stamp duty to be paid. And any income from that property will be clubbed. So, how does it become beneficial ?
Excellent. Explanation.
Excellent show and discussed in detail. Please elaborate on how the initial capital of HUF can be created. Can it be shared by only Karta or also by its members and coparceners. For example can I gift an xxx amount every year to HUF, so that it's capital can be created. What would be the tax implications.
Second question: how do we define whether HUF is formed under Mitakshara or Dayabhaga. Is it defined in initial declaration.
Lastly, pls also help how a HUF can be dissolved. Whether Karta can decide for dissolution in his lifetime.
Also, would like to see more practical questions on this topic, so that there is clarity on real life situations.
Sir also can other coparceners add their income to HUF account !?
वेरी गुड जानकारी मिली huf की
न्यू huf बनती है तो huf की केपिटल कैसे क्रिएट होगी
By taking Gift in HUF - you can create the capital of HUF...
Once enough capital generated - earn the Income on that Capital - show in each year of HUF's Income Tax Return ....
So slowly you can create good amount of Corpus in the HUF...
That HUF Corpus / Money can be used for the purpose of buying of property or purchasing shares.
किस के पास से गिफ्ट मे कैपिटल ले सकते है ? HUF को गिफ्ट कौन दे सकता है @@caamolkasat6043
Which of the two provisions, i.e. forming a trust and H.U.F is more beneficial from Income tax purpose.
Thanks for excellent video 🙏
बहुत सुंदर , विषय❤
Thanks a lot for briefing on HUF. I have just formed the HUF.
My first question is regarding funding of the newly opened HUF account. We never had HUF in my family. My father and mother died forty years ago, leaving some money to be distributed among my brothers and sisters. The said sum was invested, however as of now I have no proof to show that it was a distributed property.
Naturally at this stage I have no option except to fund the account from my own account. Please let me know if there is an alternative to this, so that the funds are not capitalised in my personal account.
Secondly can as a Karta, I can withdraw money without any restrictions.
Thanks n regards
Surendra Chelawat
Questions I appreciate if you can answer
Q1 Can Salaried couple create HUF or it is beneficial for business
Q2 Can couple who are working in MNC or Ltd company who have already shared individual PAN, and tax is getting deducted under that PAN, can we change to HUF PAN?
Q3 If Wife is under 10% tax bracket and Man is under 30% bracket is it wise to get HUF and can company accepts this HUF pan
Q4 can salaried family has to file single itr as currently I file itr2 and my wife files itr 1?
I suggest you to contact a Tax Consultant or Chartered Accountant as your query is very specific.
Very nice explanation ❤
Super video.very informative show.
Thank you for this very clear and pointed elaboration on HUF. Kindly include in the next episode the process of transferring and buying property and adding other assets under HUF. Can the HUF buy land? And if so, then what is the procedure please?🙏
By taking Gift in HUF - you can create the capital of HUF...
Once enough capital generated - earn the Income on that Capital - show in each year of HUF's Income Tax Return ....
So slowly you can create good amount of Corpus in the HUF...
That HUF Corpus / Money can be used for the purpose of buying of Land or property.
@@caamolkasat6043 Thank you for the kind revert. It is very helpful. Can my mother gift my huf a piece of land which is registered in her name please? And if so, could it then get registered in huf name on the basis of that gift certificate? what procedure should we follow? Will greatly appreciate any guidance please. Thanks again
@@kumarp2476 Yes - Mother can give piece of land as a gift to your HUF - It is perfect way of Tax Planning. Thanks
@@caamolkasat6043 Thank you once again, sir🙏
Very nice information about HUF. Thanks.
Good information....
Nice information on HUF
Very interesting information on HUF
Enlightening ❤❤❤
Very well explained. My question is that my huf formed before 2001,my daughter was not coparsner or member , will she become coparsner automatically or as per law at that time will applicable ?
Great Good Information 🙏🙏
Thanks for the information, can a HUF own a demat account? If yes how can I open it and who will manage it ?
Expenses of HUF tax deductible??? Please explain.
Very good information.
Please add index for topics discussed here
Thank you for very detailed information.
Could you please clarify that if The Karta sold the house property and with that cash he can create HUF and transfer the money to HUF.
The Karta sold the property and took it into a Bank account, by which want to create a HUF.
Exact and useful information.❤
Much needed
Very nice and knowledge
Please make a video on huf benefits for salaried person.
Sir Gift deed ka chq date - 1din pahle ka hai or stamp paper recently date ka hai to chalega kya.. Example - chq date - 19/12/2024 & stamp date - 20/12/24 ka hai
Nice information Deepak sir
Ak sawal ye hai ki agar mai apne pita ke huf me koparstener hu to kya mai apna bhi huf bana sakta hu mtlb ak sath mai do huf ka hissa ho sakta hu
Very important information ❤
Very informative !!!
Very well explained the basic things
Can we dissolve HUF anytime?
Dhanyawad aapka
Excellent information
very good update
EXCELLENT EXPLANATION🙏
declaration should be on any stamp paper or plain paper ??
Great information about huf
Plz explain huf benefits for salaried person
Sir Can HUF bank account be operated by two joint holders, it's benifits ? Can HUF open a trust, also compare HUF with LLP/pvt. Ltd. ?
Can Karta dissolve HUF at any time?
Sir me puchhana chahta hu jese huf did banaya jata he vese use bandha karana ho to kiya proses karni padti he
Nice video...please continue it
Hello
After making HUF, can we do the following :
1. Transfer our flat to huf name?
2. Can we pay rent to huf?
3. Can we claim hra as per income tax rules?
Very informative, but wjat would be the edfect of UCC on HUF? Likely it will be abolished
Mam, very informative , my one query how to fund HUF without member being taxed (like Gift Tax)? second in first year of formation of HUF is whole fund (20lac) transferred to HUF account , is it tax free?
Thanks for the knowledge. If I want to save tax (I am the earner), should i register HUF for self or with father. What makes more sense. Plz make a video purely for tax benefits
Kya working Profession ko HUF se income tax me benefit milega? Kaise ?
Good information
Agla episod Kab aayega ? Aapko or Deepakji ko bahut bahut Dhanyawad🎉❤🎉❤🎉
Excellent explanation
Excellent
Suppose individual agriculture land is put into HUF can it be claimed as a separate unit under agriculture land ceiling
Kya huf account se demat account khol sakte hain?
Plz answer 2 questions in next video -
1. In my huf will my mother or father will be either member or co-parcener considering my mother or father do not have their own huf
2. If my son is co parcener in my huf and he gets married and creates his own huf will then can he do so and will after his huf will he still remain part of my huf
Whether HUF name should suffix after name with bracket or without bracket