Can a widowed daughter-in-law demand her share or dissolution of her father-in-law in which her late…
Tag: HUF
Can I benefit from HUF by splitting income?
I am a retired employee and my total income is around ₹15 lakh per annum. That…
How Hindu undivided families can maximize tax savings
To create an HUF, the head of the family, or karta, needs to submit an affidavit…
Why you should go for a full partition of your HUF?
My father had an HUF. Both my Father and Mother passed away without writing a will.…
Can a married woman set up a HUF with just her parents?
Can a Hindu family, comprising a married woman, her parents and her two very young children…
Can grandchildren be appointed as Karta of Hindu Undivided Family (HUF)?
My grandfather was operating his HUF bank account in Syndicate Bank as Karta of the HUF…
No review of Uniform Civil Code impact on HUFs: Finance Ministry
The number of Hindu Undivided Families (HUFs) availing tax benefits under the Income Tax Act stood…
The implications of Uniform Civil Code for taxation and inheritance
Rumours are rife that the government may table the Uniform Civil Code (UCC) in the upcoming…
How Uniform Civil Code in India will impact HUF tax outgo
Amid news buzz in regard to UCC or Uniform Civil Code in India, various tax and…
HUF Rules: Can a wife become a Karta after the death of her Karta husband?
We have a HUF where my father was the Karta. My father passed away recently. Me…