The minor children of Hindu couple are foreign born and hold foreign passport. Both the parents are Indian citizens. If the parents form HUF, can the minor children with foreign passport be members of the HUF? If yes, any special procedure to be followed while forming the HUF? Any other relevant fact or consequences in this situation? In another case, one child is Indian and one is foreign born.
Menu
Can huf have foreign members?
Replies (3)
to my mind a minor who live in foreign can be a member of HUF
the basic test is a
- family where all the members follow the karta and
- family is undivided
- income is undivided
- property is undivided
but others view are also desirable
The minors are foreign citizens but they live in India with parents.
i think it does not make any difference.
Recent Topic
- Reporting STCG on non equity oriented MF
- Section 54F exemption for buying a plot
- My client missed to file ITR 3 for AY 25-26
- Subscription/Membership fees
- Inverted tax gst refund
- Mismatch of pincode and district while registering
- Total income less than 12 lakhs but after processi
- Is Getsvision Solutions right for SMTP bulk email
- Queries on Stock/ETF gifting.
- Adding bank account for the deceased for ITR refun
Related Topics
CAclubindia
