HUF Formation
This query is : Resolved
11 July 2011
what are the prerequisites for forming HUF ?whether marraiage is sufficient for forming HUF? Whether formation of HUF helps in saving Tax?
11 July 2011
Yes marriage is sufficient to form HUF,
Formation of HUF helps in saving Tax, as it recognised as a seperate legal entity in Income tax act,
Formation of HUF helps in saving Tax, as it recognised as a seperate legal entity in Income tax act,
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