Is it mandatory to add all sons/daughters in huf?

Tax planning 824 views 1 replies
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Professional - IT
71 Points Joined January 2012

If I form a new HUF, it is mandatory to add all my sons /daughters in my HUF? 

If only 1 son is living with me, can I form my HUF with him, his spouse and his children and my spouse as members with me as Karta?

Can I put initially Rs. 2 Lakhs as corpus for this HUF?

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On 13 March 2013 at 07:15 Report
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7558 Points Joined November 2011

Please note that a HUF is being formed automatically after marriage.  Also the sons/daughters by birth are the default memebrs of the HUF.  So there is no question of including the sons/daughters in HUF.

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On 13 March 2013 at 18:23


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