Married daughters are equal coparceners in HUF; partial partition has no tax validity

A partition of an HUF is valid under income tax laws only if it is a complete partition both in terms of all assets and all ...

How are gifts to an Hindu Undivided Family taxed? Key rules every taxpayer should know

The threshold limit of Rs 50,000 applies only to gifts received by the HUF from non-specified relatives during a financial year. If the total value of such gifts exceeds Rs 50,000, then the entire ...
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Budget 2025: Will there be tweaks for Hindu Undivided Families in terms of tax savings?

Budget 2025: Indian families are now recognising the financial benefits of forming a Hindu Undivided Family (HUF), a legal entity that provides substantial tax advantages according to the Income Tax ...

Can Your HUF Buy Property? Here’s How Ownership, Gifts And Transfers Really Work

However, understanding how an HUF can acquire, hold, and transfer property is crucial for smooth tax and succession planning.
Reuters

MTelekom to book HUF 15 bln tax charge in Q4

BUDAPEST, Nov 24 (Reuters) - Magyar Telekom will book an extra 15 billion forint ($64.2 million) tax charge in the fourth quarter after the government scrapped a plan to cut corporate tax for all ...