Tag Archives: #HUFEntrepreneurialSpirit

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 »

Can HUF do business?

HUF Individual or Non Individual

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 »