Hindu Undivided Family cms印度教家庭undivided CMS.gcg11.ac.in.pptVIP

HINDU UNDIVIDED FAMILY (HUF) WHAT IS HUF? It is obvious that a non-Hindu family cannot get this status. So, A Parsi, Muslim or?Christian cannot create a HUF. So,?what is a HUF? The term Hindu Undivided Family has not been defined under the Income Tax Act. It is defined under the Hindu Law as a family that consists of all persons lineally descended from a common ancestor, including wives and unmarried daughters. This means?that a membership into a HUF does not come from a contract but from status under hindu law. A HUF?cannot be formed by a group of people who do not constitute a family;?