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.
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.