can a family make two HUF
This query is : Resolved
17 March 2009
hi i want to know can a faimily make two HUF. For example father has HUF now married son want to make his own HUF can they do this.
condition:-
1.Both living together
2.Both are not living together
condition:-
1.Both living together
2.Both are not living together
17 March 2009
Yes, they can in both the cases.
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17 March 2009
For making HUF the only basic requirement is the two levels of generations..
Father and son...
So, even in a joint family there may be more than one HUF.
For example,
Mr. X is living with his two sons Mr. A & Mr. B and their families i.e. Mr.A's wife and son Mr. M and Mr.B's Wife and son Mr. N
the possible HUF in this family can be:
1. Mr. X --- Mr. A & Mr. B (Sons) --- Mr. M & Mr. N (Grandsons)
2. Mr. A --- Mr. M (Son)
3. Mr. B --- Mr. N (Son)
hence, even if they are living together, they can form separate HUFs' with their immediate family.
Father and son...
So, even in a joint family there may be more than one HUF.
For example,
Mr. X is living with his two sons Mr. A & Mr. B and their families i.e. Mr.A's wife and son Mr. M and Mr.B's Wife and son Mr. N
the possible HUF in this family can be:
1. Mr. X --- Mr. A & Mr. B (Sons) --- Mr. M & Mr. N (Grandsons)
2. Mr. A --- Mr. M (Son)
3. Mr. B --- Mr. N (Son)
hence, even if they are living together, they can form separate HUFs' with their immediate family.
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