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For getting a seperate HUF assesse do I need a seperate bank account also ?

Asked in Personal Finance & Tax at 9:04 PM on April 16, 2009

Tags: seperate, huf, assesse, bank, account

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HUF is a complete seperate identity from individual so u must have bank account seperate in name of HUF

and never try to mess the personal assets or income with HUF, or it will cause big trouble in assessment.

Answered by Glidor . , an ibibo Citizen, at 10:26 PM on April 16, 2009

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