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.
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.
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.
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 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
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 ?
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.
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?
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.
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 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
19:20 ye kaise ? Ghr ka khrcha dikh kar tax pr chhut kaise? Agr ghr ko HUF k nam pr transfer kiya jaye uske bad usko rent pr diya jaye tb jo rental income hogi tb bhi kya wo karta k nam pr club hogi ya total HUF ki hogi?
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
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.
बहुत साल पहले प्रियंका जी को बिजनस चेनल पर सुनते थे , बहुत ही सम्मानित और प्रतिभाशाली एंकर है । शानदार जानकारी प्रस्तुत की गई ।
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 .
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
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...
Dr Deepak Jain gives to the point answers rather than beating around the bush. His explanations are also very easy to understand
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.
Mind blowing.. so many concepts and so much of knowledge in a single video. I want many more such videos on HUF ❤
बहुत अच्छी जानकारी दी गई
Very good show informative and educative keep it on
Thanks to Deepakbhai for giving complete understanding and details of HUF formation.....Bunches of blessings to entire team...😊 😊❤
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
Superb communication on HUF
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.
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.
ज़बर्दस्त जानकारी. धन्यवाद श्रीमान
Wonderful conversation. My question is,
How to dissolve an HUF?
Bahut aache se cover Kiya.. good show❤
Nice information on HUF
Apka explanation bahut bahut accha hai ....
Aap kanoon law awareness program keriya Jo commons hai jai family, police, road, property,
Your information is very useful to me
Very useful information. Please keep on spreading awareness through your channel on such important topics.
बहुत ही उपयोगी जानकारी ❤
Very Nicely Presented 👏👏
Thank you for all the information on HUF
Bht achha content ❤❤
Thanks bhut achi information di aap ne ❤
Great effort and help.
Very interesting information on HUF
Excellent. Explanation.
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
Good information....
Dhanyawad aapka
Very informative,Mam.Pl.continue such topic.
Much needed
Got much more clarity on the subject thanks
Very nice show by both of you.
Super video.very informative show.
बहुत सुंदर , विषय❤
Private family Trust or HUF mein se kon sahi rahega ..are they contradicting ? or same ?
Request to create and formation of 2nd episode for further details and information. Hope for the best.....
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
Thanks a lot for bringing this on! It's super helpful!! :D
Very nice and knowledge
Nice information Deepak sir
very good update
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
Very nice information about HUF. Thanks.
Can we exclude one of family members from HUF or creat HUF of selected family members only
Great information about huf
Very nice explanation ❤
Bahut sundar
Wonderful insight by Deepak ji! I want to understand how the expenses is claimed in HUF and under which head of income?
Very informative show. Please do 2nd part if possible, in future. Got lots of information.
Excellent information
Well explained HIF
Which of the two provisions, i.e. forming a trust and H.U.F is more beneficial from Income tax purpose.
Very informative !!!
Thanks for excellent video 🙏
Thank you for this informative content. Please also explain what are benefits of HUF for a salaried class person
Enlightening ❤❤❤
Excellent
Very important information ❤
Good information
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
valuable information
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.
Thank You for your Advice
Bahut accha hai
Very well explained the basic things
Great Good Information 🙏🙏
Nice program
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?
Very informative topic.Thanks for creating very good video 🙏
what are the benifits only for salary employees?
Nice video...please continue it
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 !?
Knowledgeable
Exact and useful information.❤
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
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 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 ?
So Wonderful Kind Sir !!
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🙏
19:20 ye kaise ?
Ghr ka khrcha dikh kar tax pr chhut kaise?
Agr ghr ko HUF k nam pr transfer kiya jaye uske bad usko rent pr diya jaye tb jo rental income hogi tb bhi kya wo karta k nam pr club hogi ya total HUF ki hogi?
Very good
Good advicce
Very useful session
Very good information pl.
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
Good subject
Very Nice.
Please make a video on huf benefits for salaried person.
Very good information.
Please add index for topics discussed here
Salaried person k liy kya provision hai HUF ME wo v bataiye, like mutual fund investing or share market
Salaried and other business persons are having same benefits - Mutual Fund Investments and Share Market can be done in the name HUF
EXCELLENT EXPLANATION🙏
Good vedio
Super knowledge 👍
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.
Huf में business करने के लिये पूंजी किस प्रकार आती है क्या करता hud को उधार दे सकता है यानी कैश ट्रांसफर कर सकते है
Temporary HUF can take debt
Thanks @@caamolkasat6043