Who can start HUF?

By | June 13, 2023


Who can start HUF

Who can start HUF

In India, a Hindu Undivided Family (HUF) can start any Hindu individual who wants to create a joint family structure. The person who initiates the formation(Who can start HUF) of an HUF is typically referred to as the “Karta” or the head of the family.

The Karta can be any adult male member of the family who belongs to the Hindu religion. Upon the creation of an HUF, other family members such as the wife, children, and other dependents become part of the HUF.

For more information to visit https://www.mca.gov.in

It’s important to note that the HUF form through the operation of law, and certain conditions must meet for the HUF to recognize. These conditions include the existence of ancestral property or joint family property and the intention of the members to form an HUF.

It is advisable to consult with a legal professional or chartered accountant who can provide guidance and assistance in establishing an HUF based on the specific laws and regulations governing HUFs in India.

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Who can start HUF

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