A Hindu Undivided Family (HUF) is a separate tax entity that can hold investments and property, often used for legitimate income splitting among family members.
Setup steps
- Execute HUF deed with karta and coparceners
- Apply for HUF PAN and open bank account
- Transfer or receive assets into HUF name
- File ITR each year with proper schedules
We advise families alongside personal tax filing and capital gains planning.
