Tag Archives: #HinduUndividedFamilyAndIncomeTax

HUF for salaried person?

HUF buy Property

         HUF for Salaried Person   HUF for Salaried Person, A Hindu Undivided Family (HUF) can be formed by a salaried person as the Karta (manager) of the family. Here are some considerations for a salaried individual looking to establish an HUF: Understanding HUF Familiarize yourself with the concept of an HUF and… Read More »

is HUF liable for Tax?

HUF be Partner in Partnership Firm

HUF for Tax   A Hindu Undivided Family (HUF) can be a tax-efficient entity in India. Here are some key points regarding tax planning and benefits for an HUF: Separate Tax Entity: An HUF is treated as a separate tax entity for income tax purposes. It has its own PAN (Permanent Account Number) and files… Read More »