Creation of huf
This query is : Resolved
03 May 2016
What is the advisable method to start a HUF Income Tax File when no ancestrol property is available and father and mother of the Karta is no more
1. by taking gift from the Elder Brother of the Karta.
2. or gift from the Father in Law of the Karta
3. or any other method to Start HUF File.
1. by taking gift from the Elder Brother of the Karta.
2. or gift from the Father in Law of the Karta
3. or any other method to Start HUF File.
04 May 2016
To start HUF, you need to execute HUF deed. It should be duly signed by Karta and coparcener (member) of HUF. HUF can take loan from relative of Karta or member to start it's business. After having sufficient reserve you can repay the loan amount.
For any further query, you may write us to info@wealth4india. com or call us @9818167102. Alternatively you may request call back @ www.wealth4india.com
04 May 2016
Thanks for the reply
your answer is not in reference with the question i asked..
your answer is not in reference with the question i asked..
20 October 2021
A Hindu Undivided Family can be created by following ways
1. Blending of individual property with the family Hotchpot
2. Receipts of Gifts
3. Doing Joint labour for the benefit of HUF
4. Inheritance through a specific bequest under a Will
5. Partition of a larger Hindu Undivided Family
6. Reunion of separated co-parceners
https://taxguru.in/income-tax/create-hindu-undivided-family-huf.html
1. Blending of individual property with the family Hotchpot
2. Receipts of Gifts
3. Doing Joint labour for the benefit of HUF
4. Inheritance through a specific bequest under a Will
5. Partition of a larger Hindu Undivided Family
6. Reunion of separated co-parceners
https://taxguru.in/income-tax/create-hindu-undivided-family-huf.html
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- RCM INVOICING FROM NOV-2024
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
- Need to correct "Whether it is last installment " response in Form 26 QB
Trending Online Classes
CAclubindia
