HUF of non-hindus
Kriti Sharma (student) (53 Points)
06 September 2019
Why aren't the non-Hindus allowed to create a HUF and save their tax?
2 Replies
Kapadia Pravin
(17264 Points)
Replied 06 September 2019
Since the word “Hindu” is part of it, only a person who is Hindu can have an HUF.
The word Hindu here has been used here in liberal way and includes the person of Jain, Sikh and Buddha religion. So a Muslim, Parsees, Jews and Christian can not have an HUF.
An HUF can have four generation of descendents from a common ancestor as its members.
An HUF is creation of law and can not be created by acts of the persons
The word Hindu here has been used here in liberal way and includes the person of Jain, Sikh and Buddha religion. So a Muslim, Parsees, Jews and Christian can not have an HUF.
An HUF can have four generation of descendents from a common ancestor as its members.
An HUF is creation of law and can not be created by acts of the persons
V.D.N. NARASIMHULU
(INDIVIDUAL)
(46 Points)
Replied 06 September 2019
well said. The explanation is very clear.
Recent Topics
- Are there any good online courses on Internal Audi
- MAXIMUM LATE FEES GSTR 10
- Bank Account of 'Representative Assessee' for the
- REFUND OF EXCESS TDS AMOUNT DEPOSITED BY MISTAKE
- Mistakenly Filed Debit Note as Buyer — Now F
- HRA CLAIM TWO DIFFERENT CITY
- Penalty on late payment of income tax on a small a
- Transportation bill
- Write off of unsecured loan to a Firm
- Claim of ITC more than 2B
Related Threads
Trending Online Classes
-
Live Course on EPF & ESI Act - Mastercourse(With Govt Certificate)
Mr.Balamurugan Ranganathan16 June 2025
CAclubindia
