02 June 2012
. Dear Ankur, . First of all; I assume that you live a happy married life. . If not; find a suitable bride because then only you would be able to form an HUF. . The moment you get your marriage registered; you are ELIGIBLE to form your OWN HUF. . Except above requirement; no registration of HUF is required. . For Income-Tax purpose; you have to follow as under : . 1. Make a Rubber Stamp of Ankur ....HUF . 2. Make a declaration that your HUF is known as such
and
the members of HUF are you, your "beautiful" wife ( she need not required to be so - humour ) and your "cute" children (if you have) - give their names. . 3. Your address proof . 4. Apply for PAN card . Within 14 days or so; happy moments will come when you will have a PAN card of your HUF. . 5. Contact any CA to "enjoy" such "luxury" to have an HUF of your own because in India; only this "privilege" has left for a Hindu ). . . Sixer on Last Ball : ---------------------- . Actual meaning for which HUF was used; now has disappeared in the whole society.
Nobody wants to live with his brothers and his family. . "Fortunately" in coming days; he will not have any such brother ! . ( Concept : 2 Children : One boy and second girl or vice versa ).
CAclubindia
