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How can we create HUF

This query is : Resolved 
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(Querist)
01 July 2008 How can we create a New HUF. Please explain in details. Its urgent.
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
01 July 2008 HUF are not created. They happen by virtue of coming into existence.
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Sandeep

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Sandeep (Querist)
02 July 2008 How can HUF coming into existence.
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PC-www.bharadwajinstitute.com

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PC-www.bharadwajinstitute.com (Expert)
02 July 2008 HUF is applicable only when a joint family does a joint business,,,,they have assets on a joint name.....

For example...a father and mother doing a business with four sons and all four sons are married...and they are having two kids each....all are living together...and assets are not divided....



HUF IS NOT CREATED....it is by nature
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CA. Gurdeep Singh Chawla

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CA. Gurdeep Singh Chawla (Expert)
02 July 2008 HUF are not created. They happen by virtue of birth.
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