Swami Ayyappa Nuli
(TAX ADVISOR & CONSULTANT AT G.S.T SUVIDHA CENTER)
(1372 Points)
Replied 08 March 2015
HUF is a seperate tax entity and not a seperate legal entity. To constitute partnership, all the partners in firm must be either Natural person or Person being recognised by law. There is no seperate law for H.U.F and hence H.U.F can not be a partner of firm.
Sandeep
(student)
(216 Points)
Replied 08 March 2015
CAclubindia
