Can a Government employee become HUF and Pls share the deductions he can claimed as HUF while filing
This query is : Resolved
07 July 2023
Hello ji,
I am a Central Government Servant. Recently I came to know that by becoming an HUF can a person save tax. Pls share that how can I applied for become an HUF.
I am a Central Government Servant. Recently I came to know that by becoming an HUF can a person save tax. Pls share that how can I applied for become an HUF.
07 July 2023
A HUF automatically comes into existence when a person gets married and starts his family.
The 1st Step in creating a HUF is to create the HUF Deed. The HUF Deed is a written formal document on a Stamp Paper stating the names of the Karta and the Co-parceners (Members) of the HUF. The eldest male member of the HUF becomes the Karta of the HUF.
For more details :: https://taxguru.in/corporate-law/huf-huf-deed.html
The 1st Step in creating a HUF is to create the HUF Deed. The HUF Deed is a written formal document on a Stamp Paper stating the names of the Karta and the Co-parceners (Members) of the HUF. The eldest male member of the HUF becomes the Karta of the HUF.
For more details :: https://taxguru.in/corporate-law/huf-huf-deed.html
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Unregistered suppliers utility
- Difference between Date of Payment and Date of Deduction?
- FCRA 6 E- Intimation
- Bank details not Visible on Traces Portal
- Taxability of Partnership firm for FY 2025-26
- TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION
- Same demand raised for original as well as rectification request return
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
