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CREATION OF HUF, Income Tax

Issue Id: - 2506
Dated: 17-12-2010
By:- manoj gupta

CREATION OF HUF

Contents

CAN A MALE MEMBER WITH HIS WIFE CAN CREATE AN HUF. CAN A MALE MEMBER WITH HIS WIFE AND DAUGHTER CREATE AN HUF. WHAT IS THE PROCEDURE TO CREATE HUF

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Showing Replies 1 to 1 of 1 Records

Page: 1

1 Dated: 17-12-2010
By:- rishi mohan

There is no formal procedure to form a HUF as it is automatically created. As the name suggests, a HUF means a family of Hindus. In order to form a HUF, the family must have at least two members, of which at least one is male. A HUF can also consist of female members, being the wives and unmarried daughters of the male members.

Page: 1