Smart Tax Planning through the creation of an HUF

The Hindu Undivided Family (HUF) is a well-established mechanism for tax planning in India. In this article, we will explore the complexities of HUFs, including their formation, essential components, taxation aspects, and the substantial tax-saving advantages they provide. Understanding the HUF: Karta, Coparceners, and Members Karta At the heart of every Hindu Undivided Family (HUF) … Read more