Tag Archives: #HUFBusinessModel

How HUF works?

HUF taxation rules   A Hindu Undivided Family (HUF) taxation rules is a legal entity recognize under Indian law and operates based on the principles of the joint family system. Here’s how an HUF typically works: Formation: An HUF is form when members of a Hindu family come together under a common ancestor and decide… Read More »

Can HUF do business?

HUF Do Business   Huf Do Business: Yes, a Hindu Undivided Family  can engage in business activities in India. An HUF is a legal entity recognized under Indian tax laws and is formed by a Hindu family that carries on a joint family business. The HUF functions as a separate entity with its own PAN… Read More »