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How to form an HUF?

One person cannot form HUF. An HUF is formed by a family.
An HUF is automatically created at the time of marriage.
HUF consists of a common ancestor and all of his lineal descendants, including their wives and unmarried daughters.
Hindus, Buddhists, Jains and Sikhs can form HUFs.
HUF usually has assets which come as a gift, a will, or ancestral property, or property acquired from the sale of joint family property or property contributed to the common pool by members of HUF.
Once an HUF is formed it must be formally registered in its name. An HUF should have a legal deed. The deed shall contain details of HUF members and the business of the HUF. A PAN number and a bank account should be opened in the name of the HUF.
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Why its need to registered Huf ?

An HUF is taxed separately from its members. Therefore, deductions (such as under Section 80) or exemptions allowed under the tax laws can be claimed by it separately. For example, if you and your spouse along with your 2 children decide to create an HUF, all the 4 of you as well as the HUF can claim a deduction for Section 80C. HUF is usually used by families as a means to build assets.

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Should a HUF always be a resident of India?

It is not necessary that a HUF must always be a Resident of India. In case the control and management of the HUF is situated outside India, the HUF would be a non-resident Where the affairs of the HUF are managed from outside India the HUF would be a non-resident.

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    HUF Registration in Quilon, Kerala

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    HUF Registration in Raipur, Chattisgarh

    HUF Registration in Rajahmundry, Andhra Pradesh

    HUF Registration in Rajauri, Jammu and Kashmir

    HUF Registration in Rajkot, Gujarat

    HUF Registration in Rajsamand, Rajasthan

    HUF Registration in Ramanathapuram, Tamil Nadu

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    HUF Registration in Rampur Bushahr, Himachal Pradesh

    HUF Registration in Ranchi, Jharkhand

    HUF Registration in Rangat, Andaman and Nicobar

    HUF Registration in Ratlam, Madhya Pradesh

    HUF Registration in Ratnagiri, Maharashtra

    HUF Registration in Reasi, Jammu and Kashmir

    HUF Registration in Rewa, Madhya Pradesh

    HUF Registration in Ri Bhoi, Meghalaya

    HUF Registration in Rohtak, Haryana

    HUF Registration in Rohtas, Bihar

    HUF Registration in Ropar, Punjab

    HUF Registration in Rudraprayag, Uttarakhand

    HUF Registration in Rupnagar, Punjab

    HUF Registration in Sabarkantha, Gujarat

    HUF Registration in Sagar, Madhya Pradesh

    HUF Registration in Saharanpur, Uttar Pradesh

    HUF Registration in Saharsa, Bihar

    HUF Registration in Salem East, Tamil Nadu

    HUF Registration in Salem West, Tamil Nadu

    HUF Registration in Samastipur, Bihar

    HUF Registration in Sambalpur, Odisha

    HUF Registration in Sangareddy, Telangana

    HUF Registration in Sangli, Maharashtra

    HUF Registration in Sangrur, Punjab

    HUF Registration in Sant Kabir Nagar, Uttar Pradesh

    HUF Registration in Sant Ravidas Nagar, Uttar Pradesh

    HUF Registration in Santhal Parganas, Jharkhand

    HUF Registration in Saran, Bihar

    HUF Registration in Satara, Maharashtra

    HUF Registration in Sawai Madhopur, Rajasthan

    HUF Registration in Secunderabad, Telangana

    HUF Registration in Sehore, Madhya Pradesh

    HUF Registration in Senapati, Manipur

    HUF Registration in Serchhip, Mizoram

    HUF Registration in Shahdol, Madhya Pradesh

    HUF Registration in Shahjahanpur, Uttar Pradesh

    HUF Registration in Shimla, Himachal Pradesh

    HUF Registration in Shimoga, Karnataka

    HUF Registration in Shrawasti, Uttar Pradesh

    HUF Registration in Sibsagar, Assam

    HUF Registration in Siddharthnagar, Uttar Pradesh

    HUF Registration in Sikar, Rajasthan

    HUF Registration in Sindhudurg, Maharashtra

    HUF Registration in Singhbhum, Jharkhand

    HUF Registration in Sirohi, Rajasthan

    HUF Registration in Sirsi, Karnataka

    HUF Registration in Sitamarhi, Bihar

    HUF Registration in Sitapur, Uttar Pradesh

    HUF Registration in Sivaganga, Tamil Nadu

    HUF Registration in Siwan, Bihar

    HUF Registration in Solan, Himachal Pradesh

    HUF Registration in Solapur, Maharashtra

    HUF Registration in Sonbhadra, Uttar Pradesh

    HUF Registration in Sonepat, Haryana

    HUF Registration in Sonitpur, Assam

    HUF Registration in South 24 Parganas, West Bengal

    HUF Registration in South Dinajpur, West Bengal

    HUF Registration in South Garo Hills, Meghalaya

    HUF Registration in South Sikkim, Sikkim

    HUF Registration in South Tripura, Tripura

    HUF Registration in Srikakulam, Andhra Pradesh

    HUF Registration in Srinagar, Jammu and Kashmir

    HUF Registration in Srirangam, Tamil Nadu

    HUF Registration in Sultanpur, Uttar Pradesh

    HUF Registration in Sundargarh, Odisha

    HUF Registration in Surat, Gujarat

    HUF Registration in Surendranagar, Gujarat

    HUF Registration in Suryapet, Telangana

    HUF Registration in Tadepalligudem, Andhra Pradesh

    HUF Registration in Tambaram, Tamil Nadu

    HUF Registration in Tamenglong, Manipur

    HUF Registration in Tamluk, West Bengal

    HUF Registration in Tarn Taran, Punjab

    HUF Registration in Tawang, Arunachal Pradesh

    HUF Registration in Tehri Garhwal, Uttarakhand

    HUF Registration in Tenali, Andhra Pradesh

    HUF Registration in Thalassery, Kerala

    HUF Registration in Thane, Maharashtra

    HUF Registration in Thanjavur, Tamil Nadu

    HUF Registration in Theni, Tamil Nadu

    HUF Registration in Thoubal, Manipur

    HUF Registration in Tinsukia, Assam

    HUF Registration in Tirap, Arunachal Pradesh

    HUF Registration in Tiruchirapalli, Tamil Nadu

    HUF Registration in Tirunelveli, Tamil Nadu

    HUF Registration in Tirupati, Andhra Pradesh

    HUF Registration in Tirupattur, Tamil Nadu

    HUF Registration in Tirupur, Tamil Nadu

    HUF Registration in Tirur, Kerala

    HUF Registration in Tiruvalla, Kerala

    HUF Registration in Tiruvannamalai, Tamil Nadu

    HUF Registration in Tonk, Rajasthan

    HUF Registration in Trichur, Kerala

    HUF Registration in Trivandrum North, Kerala

    HUF Registration in Trivandrum South, Kerala

    HUF Registration in Tuensang, Nagaland

    HUF Registration in Tumkur, Karnataka

    HUF Registration in Tuticorin, Tamil Nadu

    HUF Registration in Udaipur, Rajasthan

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