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HUF Creation

This query is : Resolved 
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(Querist)
16 July 2010 A bigger HUF was already formed consisting of Father,Mother,Two Sons as Members.

Subsequently the two Samller HUF wants to be created by the above two sons having their wives.childrens & themselves as members.

Whether the same can be considered to be valid as per Law.
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
16 July 2010 The same is valid as per law no problem.
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Srikant

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Srikant (Expert)
16 July 2010 Yes they can do so.
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DR GAURAV GUPTA FCA, FCS, LL.B

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DR GAURAV GUPTA FCA, FCS, LL.B (Expert)
16 July 2010 IT IS POSSIBLE

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