Creation of 2 HUF

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

04 December 2010 A family consist 6 member.
Husband (A) & wife (B)
Son (C) & Sons wife (D)
Grand Son (E) & Grand Daughter (F)of A

A wants to creat 2 HUF
1. A with his wife (B) and grand son (E)
2. Son (c) and his wife (D) with his daughter (F)
Is it possible..?
Pls guide.

Thanks.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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04 December 2010 Yes you Can create 2 HUF's

A & Others (HUF)-Karta A
C & Others (HUF)-Karta C

For more details please see following links--

https://www.caclubindia.com/forum/faq-on-huf--107806.asp

https://www.caclubindia.com/share_files/all-you-want-to-know-about-huf-27905.asp

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