is it necessary to make a deed for formation of HUF. Further please provide if anyone having format of such Deed so that i can open my bank account and as a record it may be kept as Name of Karta and details of HUF Family Members etc.
01 April 2009
The karta must open a HUF bank account in any bank by giving an undertaking on a stamp paper of Rs 100. The format will be supplied by the bank.There is no registration or any formality required to open a HUF. Apply for a pan card in the name of HUF and Open a bank A/c.
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