How to creat a HUF
This query is : Open
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
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.
After 2005, daughters are also coparceners in the HUF with all property rights.
10 April 2009
you have to create a bank account in name of huf and than need to apply for the pan
taxindiaconnect
(Expert)
25 April 2009
I beleive for creating a bank account a deed / expression of willingness would be required.
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