HUF

This query is : Resolved

Report Abuse Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

19 November 2010 Can a single person have an HUF without any coparceners.

Aditya Maheshwari

Aditya Maheshwari (Expert)
Follow

19 November 2010 for formin a HUF u need to be married.

HUF http://www.simpletaxindia.org/2008/05/how-one-can-create-hufhindu-undivided.html

or this
https://www.caclubindia.com/forum/faq-on-huf--107806.asp

Querist : Anonymous

Querist : Anonymous (Querist)

20 November 2010 Thanks for your reply,
Actually I am a banker and i want to confirm that can a single person open an HUF account as he is saying that he is having a pan card in the name of HUF but he is saying that there is no other coparceners in this HUF.So please help me for this.

Upgrade to CAclubindia Pro. Subscribe Now!

Aditya Maheshwari

Aditya Maheshwari (Expert)
Follow

20 November 2010 he cannot. Two persons neede to form HUF though bank account can be operated by karta only.