HUF Related Query
Family has four members
1. Father X
2. Mother Y
3. Son A
4. Son B
On birth of Son A, Father has created HUF as follows "X A & Sons"
Now father wants to create another HUF as follows, with his second Son "X B & Sons". Son A will not be part of this HUF
Can father have two separate HUF with his two sons??
CAclubindia
