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HUF tax benefits

The Ultimate Guide to Hindu Undivided Family (HUF): Formation, Management, Taxation, and Legal Implications

Introduction A Hindu Undivided Family (HUF) is a unique legal entity recognized under Hindu Law and Income Tax Law in India. It consists of a common ancestor and all his lineal male descendants along with their wives and unmarried daughters. This concept, deeply rooted in Hindu traditions, offers several benefits and complexities, especially in terms […]


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