Foemation of HUF
V D PATEL
(Querist) 01 May 2011
This query is : Resolved
My Son got married in DEc. 10. He was a member of My HUF. How his HUF can be created? I want to know the complete procedure. Please guide me.
yours sincerely,
V. D. Patel
R.Ramachandran
(Expert) 02 May 2011
Dear Mr. Patel,
You say that your son is a member of your HUF. That means you are aware how your HUF was created. The same procedure has to be adopted, if your son wants to create a separate HUF of himself.
Normally, even after marriage, there is no harm if your married son also continues to be a member of your HUF. While being a member of your HUF, he can also have a separate HUF which may comprise of himself and his wife.
Still if you want guidance, you may say so, so that any one of us can guide you.