TMI BlogCreation of HUFX X X X Extracts X X X X X X X X Extracts X X X X ..... I wanted to open HUF in name of my father my mother as second member. Is there any need of any gift or will or ancestral property or i can directly introduce cash as innitial capital for starting ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the business in name of HUF. - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = The concept of HUF is going to be abolished. - Reply By CASeetharaman KC - The Reply = The concept of Hindu Undivid ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed Family (HUF) may cease to exist if the proposals of a recently released consultation paper on Reform of Family Law by the law commission are accepted. As of now no such legislation has been made ab ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... olishing HUF's however this could happen if the proposals are accepted - Reply By raj malik - The Reply = As of now i want to create HUF only for tax benifit purpose in which there will be onl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y a business income and no immovable property will be involved. - Creation of HUF - Query Started By: - raj malik Dated:- 14-2-2019 Income Tax - Got 3 Replies - Income Tax - Discussion Forum - Know ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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