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What is H.U.F ?

Answer 1

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What is HUF and how it works?

HUF means Hindu Undivided Family. You can save taxes by creating a family unit and pooling in assets to form a HUF. HUF is taxed separately from its members. ... Buddhists, Jains, and Sikhs can also form a HUF. HUF has its own PAN and files tax returns independent of its members

Answer 2

h u f
h - high intermission
u- ultimate soil
f- fermentation