can we formed more than one HUF IN A ONE FAMILY OR NOT .
CMA. CS. Sanjay Gupta
("PROUD TO BE AN INDIAN")
(114220 Points)
Replied 29 July 2010
Yes. You can. Say father has his own HUF and Son can create his own HUF after marraige.
For details download file from link mentioned below---
/share_files/all-you-want-to-know-about-huf-27905.asp
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