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Contributin in huf

This query is : Resolved 
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(Querist)
25 May 2012 contribution in huf can be done by members only or anyone(like friends, cousine) can also contribute..
Thanks in adv
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CA CS Amit S. Kedia

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CA CS Amit S. Kedia (Expert)
25 May 2012 Only Members can contribute in HUF. from others it will be termed as loan taken.
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CA Ankita Sahlot

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CA Ankita Sahlot (Querist)
26 May 2012 thank u very much. but whether we can include relatives of karta's wife as huf member.
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CA CS Amit S. Kedia

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CA CS Amit S. Kedia (Expert)
26 May 2012 Yes, Obviously, Karta's wife can be included as member of HUF.
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