Description
Hindu Undivided Family (HUF): Formation, Management & Taxation
A Hindu Undivided Family (HUF) is a unique entity under Indian law that exists primarily for managing a joint Hindu family’s assets, business, and income. Governed by Hindu law and recognized under the Income Tax Act, an HUF allows families to come together for wealth management while enjoying specific tax benefits.
TABLE OF CONTENTS
Chapter 1 Who is Hindu?
Chapter 2 Hindu Undivided Family (Concept and Creation)
Chapter 3 Coparcener
Chapter 4 Karta
Chapter 5 HUF and Property
Chapter 6 Partition
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