Tag Archives: #HUFandBusinessOwnershipDetailsExplained

Can huf be a proprietor

HUF Being Proprietor   HUF Being Proprietor: No, a Hindu Undivided Family (HUF) cannot be a proprietor. The concept of proprietorship typically refers to an individual who owns and operates a business in their personal capacity. An HUF is a separate legal entity and consists of multiple members who are part of a joint family.… Read More »