Why creation of HUF is not popular and practised as one of the proper Tax planning tool / avenue,
S S Dahale ( Agri and business) (439 Points)
05 May 2016Why creation of HUF is not popular and practised as one of the proper Tax planning tool / avenue,
Ruchi
(CA)
(1410 Points)
Replied 05 May 2016
Sir,
HUF is indeed an effective tax planning tool. Though because of lack of knowledge regarding it and reluctance to create a joint property which could become a subject matter of family feuds and litigation, it is not that popular.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
