Tag Archives: #FamilyEnterpriseHUF

HUF can do business?

HUF Business        HUF Business, Absolutely, a Hindu Undivided Family is permit to engage in business activities. Under Indian law, an Hindu Undivided Family is recognized as a distinct legal entity capable of conducting business. The Hindu Undivided Family can establish and operate businesses, own assets, enter into contracts, earn income, and incur… Read More »