HUF with only wife and daughters

Querist :
Anonymous
(Querist) 25 August 2010
This query is : Resolved
I was earlier told that I can form a HUF with only my wife and daughters as I do not have a male child. Recently some where I read that it is not valid. I there fore request experts to give thier opinion in the matter as I have an office in the name of HUF with above members.
Regards,
s.subramanian
(Expert) 25 August 2010
Yes. You are safe. Nothing wrong or illegal.