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Creation of huf

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Accounts Manager in Private Company
433 Points Posted on 05 July 2013
WHY IT IS REQUIRED TO CREATE AN HUF??? WHAT ARE THE BENEFITS OF IT?? CAN AN INDIVIDUAL CREATE AN HUF?? IF YES THEN WHAT IS THE PROCEDURE??
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On 05 July 2013 at 18:06 Report
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Deputy Manager- Finance
2923 Points Posted on 05 July 2013
Huf is created for taxplanning. After marriage huf can be created.A male member is neccessary to form a huf. Male member is the karta of the huf. Benefits of forming huf tax can b saved. Exemption limit as well as 80c deduction available.
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On 05 July 2013 at 21:41
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Company Secretary
74352 Points Posted on 06 July 2013

Hi

 

Go to the following link, it may help you:

 

https://taxmantra.com/steps-create-huf-hindu-undivided-family.html/

 

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On 06 July 2013 at 11:14
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Accounts Manager in Private Company
433 Points Posted on 08 July 2013

what is the procedure of creating huf??

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On 08 July 2013 at 17:04


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