HUF, HUF Deed

HUF – Hindu Undivided Family is a separate entity. You can save taxes by creating a family unit and pooling in assets to form a HUF. HUF is taxed separately from its members. A Hindu family can come together and form a HUF. Buddhists, Jains, and Sikhs can also form a HUF. HUF has its own PAN and files tax returns independent of its members.

TAXWIZZ assist the clients to plan HUF taxes and guides for better operations.