The query infers that the HUF is proposed to be dissolved and subsequently some equity shares held by the HUF are to be distributed/ transferred to the son, who is a coparcener of the HUF. It is ...

While creating an Hindu Undivided Family (HUF) may be useful for tax planning and investments, one has to be mindful that it entails issues in joint families and poses legal challenges in dissolution ...

In our last column, when we introduced you to the concept of the Hindu Undivided Family (HUF) and why it exists, we listed the many benefits that come with an HUF structure. Just to recap, HUF, as a ...

A HUF account can be opened by a married couple with at least one child. Last week, a man attacked a bank manager in Gujarat over the tax deduction on his fixed deposit interest. A video of the ...