What is HUF (Hindu Undivided Family)?

August 18, 2023 ⚊ 1 Min read ⚊ Views 68 ⚊ BLOG

Understand – “What is HUF?”, Taxability of HUF, How to create a HUF, How to save taxes by building a HUF, and find answers to many such questions. Hindu law defines a HUF as a family of all persons who come from a common ancestor, including their wives and unmarried daughters. HUFs can only be created automatically within a Hindu family and cannot be created under a contract. Read on

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Tags: Hindu Undivided Family, HUF