REGARDING H.U.F.

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GAURAV JAIN

GAURAV JAIN (Querist)
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19 August 2010 an individual can form any no. of h.u.f....
how it can be possible..plzzz xplain.........

Aditya Maheshwari

Aditya Maheshwari (Expert)
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19 August 2010 after mariage he can make.

visit this link for complete details
http://www.simpletaxindia.org/2008/05/how-one-can-create-hufhindu-undivided.html

and for no. refer this link
https://www.caclubindia.com/forum/regarding-huf-100087.asp

CA. BIJENDER KR. BANSAL

CA. BIJENDER KR. BANSAL (Expert)
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19 August 2010 http://taxutility.blogspot.com/2010/02/all-about-hindu-undivided-family-huf.html

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CA. BIJENDER KR. BANSAL

CA. BIJENDER KR. BANSAL (Expert)
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19 August 2010 No, a person can't create more than one huf.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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19 August 2010 A person can be karta of more than 1 huf but he can not create more than 1 HUF.
Example:
A son, B Father

Both are karta of their respective HUF.
After Father dies.
A will be karta of both HUF.

CA. BIJENDER KR. BANSAL

CA. BIJENDER KR. BANSAL (Expert)
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19 August 2010 agreed with Sanjay Ji.

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PANKAJ KHURANA

PANKAJ KHURANA (Expert)
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19 August 2010 agreed with sanjay ji

GAURAV JAIN

GAURAV JAIN (Querist)
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21 August 2010 ajay jain sir(tax teacher in delhi) having 16 HUF..but how it can be possible??

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Aditya Maheshwari

Aditya Maheshwari (Expert)
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21 August 2010 Ask him only. It is not possible.

GAURAV JAIN

GAURAV JAIN (Querist)
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21 August 2010 sorry sir...

he is karta in 16 h.u.f...but how it can be possible and sir plzz give answer of my capital gain querry also..

Aditya Maheshwari

Aditya Maheshwari (Expert)
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21 August 2010 U can ask dheeraj about the details of the same as to how Ajay Jain has created 16 HUF's as it is not possible other than way suggested by Sanjay above.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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22 August 2010 Not possible to create 16 HUF's. IT Department is not that dumb.

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