Business Studies, asked by amaankhan333, 6 months ago

1. Name the two HUF system in India.​

Answers

Answered by DisneyPrincess29
4

A HUF can be formed with just two members one of whom is a coparcener. But for an entity to be taxed as a HUF, it should have at least two coparceners. For instance, if HUF consists of only the husband and wife, then there is only one coparcener.

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