Gift By Huf News

Money

Son can create HUF within father’s HUF

Upon the marriage of a male co-parcener, his wife also becomes a member of the HUF and the children of a co-parcener automatically become co-parceners at birth.A co-parcener can make gifts to the HUF. It is preferable that the gift is implemented by a deed of gift or other writing

2 min read17 Apr 2019

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