Dear Friends,
i have a Question
Can a person along with his daughter create HUF
he has no son
waiting for ur valuable comments.
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creation of HUF
Replies (3)
18/12/2006
Dear Nitin Kumar,
Fisrt of all HUF can not be 'created'. It comes into exitence by happening of certin events. Like birth of child or on marriage. In case an individual is a member of a bigger HUF and if the huf is partitioned the share of proerty in the hands of individual becomes individual property. Later when the same individual gets married then the same property becoems his HUF property. He may not have child in that case.
In any other situation just by marriage the HUF does not come in existence.
Dear Nitin Kumar,
Fisrt of all HUF can not be 'created'. It comes into exitence by happening of certin events. Like birth of child or on marriage. In case an individual is a member of a bigger HUF and if the huf is partitioned the share of proerty in the hands of individual becomes individual property. Later when the same individual gets married then the same property becoems his HUF property. He may not have child in that case.
In any other situation just by marriage the HUF does not come in existence.
dear nitin,
first of all let me tell you HUF is not created it comes into existance by birth. but for the purpose of creation of an HUF there must be an ancestral property.
under hindu suceesion act for the purpose of forming an HUF there must be two members and one of them should be male,
now in your case as there are two members and one of them is a male so they can form an HUF.
first of all let me tell you HUF is not created it comes into existance by birth. but for the purpose of creation of an HUF there must be an ancestral property.
under hindu suceesion act for the purpose of forming an HUF there must be two members and one of them should be male,
now in your case as there are two members and one of them is a male so they can form an HUF.
WHAT IS THE PROCEDURES TO MAKE AN HUF FILE
PLZ HELP
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