HUF Deduction

Tax Glossary Definition

HUF Deduction

Refers to the tax benefits available to a Hindu Undivided Family, which is recognized as a distinct taxable unit under the Income Tax Act. Similar to an individual taxpayer, an HUF can claim deductions under sections such as 80C and 80D for eligible investments or expenses made from its own income.

Example: If an HUF contributes ₹1.5 lakh to a Public Provident Fund (PPF), the amount qualifies for deduction under Section 80C.

India's Most Trusted
Pro Tax Filer

Discover why we're one of India's most trusted Pro Tax Filers, built on a foundation of accuracy and reliability.

  • We ensure maximum tax benefits.

  • Taxes? Handled by our CAs and experts.

  • Reliable, year-round tax support at no cost.

  • Satisfaction or your money back came twice.

Start Filing

Scan the QR code to Download the app

Mobile App Available on:

DOWNLOAD For IPHONE

TaxFilr App

DOWNLOAD For Android

TaxFilr App

Have Questions? Let’s Talk!

Chat With Us

Scan to chat

Scan QR Code

OR
Start Chat
Mobile Apps Available On
This feature is available on our mobile app. Get the app now to access this feature!

DOWNLOAD For IPHONE

TaxFilr App

DOWNLOAD For Android

TaxFilr App