HUF
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 April 2010
How HUF is formed if person does not have any ancestral property?
24 April 2010
Basic criteria for an HUF
There are some essential conditions that must be fulfilled to qualify as an HUF. These are outlined below:
• Only one member or co-parcener cannot form an HUF;
• The joint family continues even in the hands of females after the death of the sole male member;
• An HUF need not consist of two male members. One male member is enough. For example, a father and his unmarried daughters may form and HUF.
There are some essential conditions that must be fulfilled to qualify as an HUF. These are outlined below:
• Only one member or co-parcener cannot form an HUF;
• The joint family continues even in the hands of females after the death of the sole male member;
• An HUF need not consist of two male members. One male member is enough. For example, a father and his unmarried daughters may form and HUF.
24 April 2010
TO KNOW IN DETAILS GIVE ME YOUR EMAIL ID I WILL MAIL YOU SOME USEFUL DETAILS.
27 April 2010
Hi,
In order to create an HUF, even you can also take gift from the relative or any family member and prepare the gift deed.
On this basis also you can create an HUF.
WITH REGARDS,
C.A.NISHIT DOSHI
In order to create an HUF, even you can also take gift from the relative or any family member and prepare the gift deed.
On this basis also you can create an HUF.
WITH REGARDS,
C.A.NISHIT DOSHI
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Reopen of assessment proceeding
- Is any professional CA is here please reply
- EPF FULL & FINAL RULES IN 2026
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- Rental income gst and it purpose
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Putting a heading on received mail
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
