huf related

Yes. As already informed you earlier but what do you mean by creation of HUF asset?

Yes.

Hi,

A Hindu family can come together and form a HUF. In your case after the death of father, the five sons can come together and form a Single HUF as they are lineally descended from the common ancestor. Creating Five HUF is not possible. 

Once an HUF is formed it must be formally registered in its name. An HUF should have a legal deed. The deed shall contain details of HUF members and the business of the HUF. A PAN number and a bank account should be opened in the name of the HUF. HUF has its own pan and files a separate tax return.

Creation of 5 separate HUFs is possible. In fathers HUF only Father mother and sons will be members and not spouse and kids of sons.

Son can create a HUF separately with his wife and children, can a son create a separate HUF with his father and mother without his brothers ??

No sucharitha.

Even if they live together Fathers HUF may include Father Mother and only 5 sons and Sons individual HUF will include Son himself wife and their sons.

Obviously by default fathers HUF include sons wife and children but if son wishes to start his own HUF then in that case Fathers HUF wont include sons ife and childrens.