Ch.8 · Dividend and STT Taxation · medium
What is the tax treatment of mutual fund gains in the hands of a HUF (Hindu Undivided Family)?
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EXPLANATION
HUF (Hindu Undivided Family) is a distinct taxable entity under Indian tax law with its own PAN and tax return. The same capital gains tax rates that apply to individuals also apply to HUFs — STCG at 15% and LTCG at 12.5% for equity-oriented funds, slab rate for debt funds. HUFs also qualify for the ₹1.25 lakh LTCG exemption and Section 80C deduction (including ELSS) up to ₹1.5 lakh.
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