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How to creat a HUF

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(Querist)
07 April 2009 Please tell me how to Create HUF (Hindu Undiveded Family). What are the document that require to create HUF & how to create initial capital for HUF
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Rajesh Kumar

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Rajesh Kumar (Expert)
07 April 2009 Just say that you are an HUF. Every Hindu family in India is presumed to be an HUF, unless contrary if proved.
After 2005, daughters are also coparceners in the HUF with all property rights.
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
10 April 2009 you have to create a bank account in name of huf and than need to apply for the pan
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taxindiaconnect

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taxindiaconnect (Expert)
25 April 2009 I beleive for creating a bank account a deed / expression of willingness would be required.
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