HUF income is taxable at:
ASame slab as individual
B30% flat
C22% concessional
DMAT rate
Answer & Solution
Correct answer: A. Same slab as individual
1. HUF separate person under Section 2(31)(ii).
2. HUF (resident) gets slab rates as individual.
3. Basic exemption Rs. 2,50,000 (old) or Rs. 3,00,000 (default); no age slabs apply.
_Source: ICAI BoS CA Final Paper 7, Ch 9 "Assessment of Various Entities"_
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