Convert Black into White through HUF

Share
Share This Thread
  1. HONEY

    HONEY New Member

    i want to know about generation of income under huf
    ====================================
    since last 5 year i file my huf return on the basis of commodity profit from broker by converting black into white.

    now, i heard from many people that commodity income is taxed @ 30% from budget 2013.

    can anybody explain how i can generate income in huf to convert my black into white.

    chocolate in advance for those who will reply
     
  2. gaurav_kumar

    gaurav_kumar Well-Known Member

Draft saved Draft deleted
Loading...
Similar Threads Forum Date
Tax benefits of converting partnership firm into llp Income Tax Apr 9, 2016
How to convert capital gains FD to normal fd(fixed deposit) Income Tax Jan 2, 2016
Sec 54F Exemption - if Residential converted to Commercial Property Income Tax Mar 10, 2015
Black Money Common Man's Share Income Tax Sep 14, 2015
What are the proposed measures under income tax act to curb black money Income Tax Sep 6, 2015