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Ruchak Jain 1822128   29 May 2020

huf tax

why there is only hindu undivided family tax benefit and not for other religion

 2 Replies

P. Venu (Advocate)     30 May 2020

What are the facts? What is the context?

G.L.N. Prasad (Retired employee.)     30 May 2020

During early years, castes are divided as per profession, and expertise is always within a family.  The families are mostly joint in nature and as such business is within a family and simple.   Such business practices within a family in any other religion was not there in India.   This is just a tradition that was not opposed even during the British regime.

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