Can 2 brothers form a huf?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 November 2013
Suppose there is a family of four - Husband, wife and two son. Both the sons are over 18 years of age. None of them are married. There exist a HUF with husband as the karta. Now if HUF property is gifted to the two sons, can the two sons form a separate HUF?
24 November 2013
They have to wait till the marriage takes place. The income from property will be taxed in the Parent HUF only.
.
Who ever will marry first, will form his HUF first.
.
Bachelor brothers can not form a separate HUF.
.
.
Who ever will marry first, will form his HUF first.
.
Bachelor brothers can not form a separate HUF.
.
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