HUF can be Dissolved A Hindu Undivided Family (HUF) is a unique legal entity recognize under Indian law, particularly for the purposes of taxation. It is a family arrangement that allows for the pooling of assets and income for the benefit of family members. However, there are situations where an HUF might need to… Read More »
HUF can comprise members of a family Yes, a Hindu Undivided Family (HUF) can comprise members of a family who are connected through a common lineage and have a legal relationship as defined by Hindu law. The HUF is a unique legal entity recognize under Indian law, primarily governed by Hindu Succession Act, 1956. The… Read More »
HUF Rules Huf rules,The rules governing a Hindu Undivided Family (HUF) in India are primarily derived from Hindu law and have been shaped by various court decisions and legal provisions. Here are some key rules and principles associated with HUF: Membership: An HUF consists of a common ancestor (known as the Karta) and… Read More »
