How to form huf
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 October 2012
Dear Expert,
what is the procedure to form HUF??
can HUF eligible to do any types of business??
what is the procedure to form HUF??
can HUF eligible to do any types of business??
14 October 2012
The procedure to form an HUF is duly complied when a Hindu male gets married according to the Hindu Law and customs. No other specific legal procedure is required for establishing its formation.
.
Any type of business includes illegal business also. But as the query has been asked in the context of eligibility, so I can say that HUF can do any legally allowed business.
.
.
Any type of business includes illegal business also. But as the query has been asked in the context of eligibility, so I can say that HUF can do any legally allowed business.
.
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