XCESS CREATION & TAXATION OF HINDU UNDIVIDED FAMILY (HUF) By CA.Virendra K. Pamecha Edition 2024

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XCESS CREATION & TAXATION OF HINDU UNDIVIDED FAMILY (HUF) By CA.Virendra K. Pamecha Edition 2024

ABOUT THE BOOK The Hindu Undivided Family (HUF) is a separate tax entity in India under the Income Tax Act. The law relating to HUFs and different ways of creation of HUF files are given in the book along with specimen of deeds and declarations. Tax planning through the medium of HUF and creation of capital of the HUF and law on Gifts are also explained with the help of judicial decisions. Useful guidelines for effecting partition of HUF, practical problems on partition and precautions to be taken are also given. The law relating to HUFs as a whole is complex and often confusing. But the FAQs included in the book makes the subject easily understandable