Tag Archives: #HUFPropertyInvestment

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 buy property?

Can HUF buy property Yes, a Hindu Undivided Family (HUF) can buy and own property in India. HUF is recognized as a separate legal entity under Indian law, and it has the capacity to acquire and hold assets, including real estate. An HUF can purchase property for various purposes, such as residential or commercial use,… Read More »