Tag Archives: #HUFvsCompany

HUF vs Company?

HUF vs Company   HUF vs company, HUF (Hindu Undivided Family) and a company are two distinct legal entities with different characteristics and implications. Here are some points of comparison between HUF and a company: 1. Formation: HUF formed by the members of a Hindu family, including their ancestors and lineal descendants and it is… Read More »

Is HUF a company?

Is HUF a Company HUF is a joint family structure recognized under Hindu law in India. It is a specific type of family arrangement where multiple generations of a Hindu family live together and hold property collectively. While an HUF is recognized as a separate legal entity for certain purposes.  It does not have the… Read More »