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Can two HUF's form a pertnership firm

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(Querist)
22 September 2009 Can two HUF's form a pertnership firm
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KRISHNA KUMAR R C

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KRISHNA KUMAR R C (Expert)
22 September 2009 NO, HUF CANNOT BECOME A PARTNER IN A PARTNERSHIP FIRM AS IT IS NOT HAVING SEPARATE LEGAL STATUS.
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CA Suresh Choudhary

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CA Suresh Choudhary (Expert)
22 September 2009 No
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CA CHINTAN AJMERA

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CA CHINTAN AJMERA (Expert)
22 September 2009 But i see in many cases that HUF Become Partner.

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