How can we create HUF
This query is : Resolved
01 July 2008
How can we create a New HUF. Please explain in details. Its urgent.
S.Srinivasaraghavan
(Expert)
01 July 2008
HUF are not created. They happen by virtue of coming into existence.
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
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
02 July 2008
HUF are not created. They happen by virtue of birth.
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