Want to Close HUF

Hello Sir/Mam,
I want to close my HUF,
Due to by mistake/Misunderstanding I had filed Individual Income in HUF (From 2017 to 2019).
So Capital, Stock, other assets and liabilities of HUF has been increased.

But now i want to file all data in Individual from this year. so my question is how can we transfer the data from HUF to Individual???

Note:-
There is no any objection of HUF members to do any thing.

Please suggest
Replies (2)
Quick Summary
This discussion addresses how to close a Hindu Undivided Family (HUF) account, particularly when individual income was mistakenly filed under the HUF between 2017 and 2019. The user wishes to transfer all assets and liabilities back to their individual name from the current financial year onwards. All HUF members are in agreement with this process, and advice is sought on the correct procedure for transferring the data.

Huf is Hindu undivided family.
Yes, HUF Mean Hindu Undivided Family

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
18 September 2026
Accounts & Finance Specialist

ULTRA CHEMICAL WORKS

Thane

CA Final

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details