Answer in one sentence. 4) What is JHF business?
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The Joint Hindu Family (JHF) business is a form of business organisation run by Hindu Undivided Family (HUF), where in the family members of three successive generations own the business jointly. The head of the family known as karta manages the business.
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The Joint Hindu Family (JHF) business is a form of business organisation run by Hindu Undivided Family (HUF), where in the family members of three successive generations own the business jointly.
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