HUF AFFIDAVIT vs HUF DEED - REQUIREMENTS & STAMP DUTY
I’m considering an HUF for tax planning and need clarity on two documents:
1. Purpose & Necessity:
- What’s the difference between HUF Affidavit and HUF Deed of Declaration?
- Which document(s) are required for PAN application and bank account opening?
- Which document(s) are needed for future references?
2. Stamp Paper & Duty:
- What stamp paper value is required for "HUF Affidavit"? What should be Category/purpose to be selected?
- What stamp paper value is required for "HUF Deed of Declaration"? What should be Category/purpose to be selected?
CAclubindia
