05 October 2023
Respected sir, One of my client want to form a HUF by taking gift from his father. He want to keep the name of his HUF on name of his wife. Suppose his name is Mr. Banwari Lal and his wife’s name is Vinita. Then can he create name of his HUF as “Vinita Devi (HUF)” although KARTA of this HUF will be Mr. Banwari Lal. Please guide.
CAclubindia
