What is HUF ?

Shubham Gupta , Last updated: 06 August 2016  
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An HUF is a separate entity that can be created by members of a family, wherein the members are lineal ascendants or descendants. Hindus, Buddhists, Jains and Sikhs can open HUFs. A single person cannot create an HUF. Usually, the senior-most member of the family is considered thekarta, the perso

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Published by

Shubham Gupta
(Business Consultants)
Category Income Tax   Report

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