Creation of HUF
This query is : Open
24 September 2016
How to create HUF having dad ,mom , son and daughter as its co parceners and members ?
And wat all could be dat HUF's source of Income
28 September 2016
WITH A GIFT TAKEN FROM DAD YOU CAN CREATE AN HUF.
28 September 2016
actually , my dad wants to create one and my grandparents aren't alive
29 September 2016
your father has to receive a nominal amount say rs. 10,000 from any of your relative who is not the member of that particular HUF. The said amount shall be treated as corpus fund and any business can be done in the name of huf and gain income therefrom.
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