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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.


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