hello caclubindia
can a person other than a hindu, sikh, jain or buddhist form an HUF
and if no why?
2 Replies
Praveen Sharma
(Chartered Accountant)
(2045 Points)
Replied 06 June 2011
NO, HUF can be formed by Hindu, Sikhs, jainism, Budhist & not for any other religion.
CA SURENDRA KUMAR RAKHECHA
(Practising CA at Surat)
(26263 Points)
Replied 06 June 2011
The most interesting part of the commerece stream is that we study about the circumstances wherein we live.
.
From the nomenclature of HUF itself, it means Hindu Undivided Family.
.
Christians and Mohammedan never want to claim that they are Hindu.
.
Hindu Undivided Family is a culture of India. Unfortunately it has almost lost its existence.
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