About


The term 'Hindu Undivided Family (HUF)' 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 membership of a HUF does not come from a contract but from status of the person in such families.

A HUF cannot be formed by a group of people who do not constitute a family. Lineal descendants with a common ancestor is a must.

HUF is taxed separately from its members. Buddhists, Jains and Sikhs can also form an HUF. HUF has its own PAN and files tax returns independent of its members.

Benefits


Trade Name

An HUF can operate under the its own name or it can do business under any trade name

Easy to Start

One can establish an HUF instantly, easily and inexpensively

Least compliance

HUF is very easy to manage and enjoys freedom from compliances

Taxation

HUF has its own PAN and files tax returns independent of its members

Ownership of assets

By creating a family unit and pooling in assets to form an HUF tax can be saved

Documents Required


  • The name of the HUF (or the name of the Karta [patriarch of the family], followed by ‘HUF’)

  • HUF’s address and residence proof

  • Copy of

    Karta’s Aadhaar card

  • Copy of

    Karta’s Voter ID

  • Copy of

    Karta’s driver’s license or passport

  • Names, father’s name and addresses of all coparceners of the HUF, with affidavit made by the Karta

  • Signature of the Karta on the completed Form 49A

Minimum Requirement


  • Member

    MinimumTwo (Husband and Wife)

Registration Process


  • 6
    Obtain Tax Registration Number
    10 to 15 days
  • 5
    Obtain PAN
    3 to 5 Days
  • 4
    HUF Deed
    2 to 3 days
  • 3
    Finalize Trade Name
    2 to 3 days
  • 2
    Verification of Information
    2 to 3 days
  • 1
    Collation of Information
    Start

You will get


  • HUF

    Pan Card

  • Get

    HUF Deed

The persons who acquire an interest in joint family property by birth. The test of Coparcener is that coparcener enjoys right to enforce partition.

No, it is not necessary to have more than one male member to form a HUF. It can be formed with one male member along with female member/s.

Women members are not treated as comparcener of HUF, further a daughter after her marriage has no right in assets of HUF.
Even after the death of karta, if there is a minor son or no male member, the wife of karta can not become karta.

Yes. As so long as the property which was originally of the joint Hindu family remains in the hands of the windows of the member of the family and is not divided, HUF can continue with female members.

No, it can do so only through its katra.