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LEGAL ASPECTS OF HUF (HINDU UNDIVIDED FAMILY)

After my article on [tax benefits available to a Hindu Undivided Family (HUF)] some of my friends have requested me to write more on the legal aspect of the HUF. This article deals with the legal aspect of an HUF. ,,Who can have an HUF and how it comes into existence?  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...

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This post first appeared on SIMPLE TAX INDIA, please read the originial post: here

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LEGAL ASPECTS OF HUF (HINDU UNDIVIDED FAMILY)

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