Hi Guys,
Just had a doubt. How many HUF's can be created within 1 family. As in can 1 big family have multiple HUF's like Father and Son as 1 HUF, Son, his wife and their child as 1 more HUF etc. Is that possible or is it like however big the family is only 1 HUF can be created?
Awaiting replies from you all.
Thanks
Mohit
CAclubindia
