Multiple HUF

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

31 August 2010 Whether multiple HUF can be created for Income Tax purpose.

A- Father
B- Mother
C- Son
D- Daugher

We have plan to form the HUF in following combinations. what will be the Legal Validity.

1. Combination of
1. Father, Mother, Son
2. Father, Mother, Daughter
3. Father & Mother
4, Father & Son
5. Mother & Son
etc...
Please reply

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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31 August 2010 Above combination's are invalid.
You can form only 2 HUF if son is married otherwise only 1 HUF possible.

1) HUF of Father
2) HUF of Son (If son is married)

For more details on HUF you can see file from below link---

https://www.caclubindia.com/share_files/all-you-want-to-know-about-huf-27905.asp