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How to form a HUF?

Dwarkadas Madanlal Kabra (MD) (30 Points)

03 May 2017

I am married and want to form huf file. Kindly proivde steps to from huf files.

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3 Replies

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (196198 Points)
Replied 03 May 2017

PAN card is the Identity Proof of HUF already formed!

Now just open bank account and start accumulating corpus.

nitin sharma (PRACTITIONER OF INCOME TAX SALES TAX AN) (72 Points)
Replied 03 May 2017

first step u should apply for huf pan card alongwith your first son's birth certificate

second when u got your pan no. then what u want to do u can do

CA Raj Doshi (Practising CA) (8944 Points)
Replied 09 May 2017

Once Child is born , prepare HUF deed stating gift of some amount from your father mother as gift to HUF. With the deed apply for pan card, open bank account and undertake business activities or any similar transactions.