TMI BlogJournal Voucher Enrty for Unsecured LoansX X X X Extracts X X X X X X X X Extracts X X X X ..... my Family is of 4 members me, father, mother and sister. We have 5 file 4 as mentioned and 1 HUF of my father. HUF had earned some good amount and the tax is been paid on the same and we have distribu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ted the income under section 10(2) of income tax within the co parcners. the entire money was given by chq to Karta of HUF my father from HUF account and then JV was was passed from my father books ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to respective coparcernes . is section 269tt is voilated - Reply By Sunil K. Jain - The Reply = There seems to be no violation of section 269 TT in this case since redemption came in favour of HUF ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... by account payee cheque only and the requirment of section is met at that stage. Now further distribution is as per section 10(2) moreover, no cash transaction took place in this case at any stage. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Journal Voucher Enrty for Unsecured Loans - Query Started By: - Dinar Daptari Dated:- 21-8-2011 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an exper ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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