Huf income
This query is : Resolved
07 September 2016
Dear sir,
I am getting Income from HUF property. My father has HUF PAN in which am a member. Now I am major . shall I Create my own HUF PAN to tax my share of HUF Income from ancestor property. I Am not not married person.
Kindly advice me
I am getting Income from HUF property. My father has HUF PAN in which am a member. Now I am major . shall I Create my own HUF PAN to tax my share of HUF Income from ancestor property. I Am not not married person.
Kindly advice me
07 September 2016
A HUF automatically comes into existence when a person gets married and start his family, So without Marriage you can not form HUF.
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