degree of members
This query is : Resolved
10 November 2016
what is meant by members having four degrees in HUF taxation?
17 October 2021
The creature of HUF or Karta is first level.
His children Second degree...members
His grandchildren can also be member in his HUF, i.e. Third degree menbers...
& His Grand-grand children (children of 3rd degree members) can also be considered as the members of the said HUF, which is forth degree members.
No further extension.
His children Second degree...members
His grandchildren can also be member in his HUF, i.e. Third degree menbers...
& His Grand-grand children (children of 3rd degree members) can also be considered as the members of the said HUF, which is forth degree members.
No further extension.
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