ALL ABOUT HUF-IN ONE FILE.!!!!!

THE FILE CONTAINS ALL INFORMATION ABOUT HUF. ITS FORMATION, ITS STATUS IN EVERY AREA OF LAW.!!!!!!!!

                                                                                                                                                             (source: share files.)


Attached File : 0 all about huf.pdf downloaded: 556 times
Replies (4)

GREAT

If a person A is 45 years old and hving 2 sons ,but is not having ancestral property.How he can start HUF business.as funds will be invested by him personally and which will attract SEc 64(2) of Income Tax Act 

Ritasha,

The corpus of an HUF consists of ancestral property. "A" can not transfer his individual income and form a HUF in which he is a member.

Originally posted by : Ritasha

If a person A is 45 years old and hving 2 sons ,but is not having ancestral property.How he can start HUF business.as funds will be invested by him personally and which will attract SEc 64(2) of Income Tax Act 

you can make a will by creating HUF

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