Running of HUF

Manoj (enginner) (50 Points)

08 July 2025  

My father wants to start the HUF, but my brother, sister, wife, and kids don't want to become members of this HUF.

  1. Can I become a member of my father's HUF without my brother, sisters and my wife and my kids?\
  2. If HUF earns through Equities /Mutual Fund, what is the tax implication of the same? For example, HUF earned 15 lacs through short-term and 10 lacs from long-term. How much tax liability for the HUF? How the office expenditure needs to be deducted from salary ie Driver cost /Maid Cost / Cook cost, and other expenditure to run the HUF