Query - putting personal property in huf property pool?
Jaya Pathak
(Querist) 30 March 2016
This query is : Resolved
Dear Sir,
I have a client who wants to put his personal property in HUF property pool.
Advice from experts will be highly appreciated.
1) What type of agreement should be made if personal property is to be put in the HUF property pool?
2) Will there be any stamp duty on the above for Maharashtra State?
Thanks
Jaya
Adv. Yogen Kakade
(Expert) 31 March 2016
Do the declaration of the property mentioning the property is HUF property as the property is purchased out of the revenue generated through the HUF property.
Adv. Yogen Kakade
Jurycon Incorporation
Advocates & Consultants
Email: juryconincorporation@gmail.com
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