Question

name the law which governs the HUF business ​

Answer 1

Hindu Undivided Family (HUF)

Hindu Undivided Family ('HUF') is treated as a 'person' under section 2(31) of the Income-tax Act, 1961 (herein after referred to as 'the Act'). HUF is a separate entity for the purpose of assessment under the Act

Answer 2

Answer:

A Hindu undivided family or HUF is a legal term related to the Hindu Marriage Act. ... This means that HUF is very much governed by the HIndu Law.The business of Joint Hindu Family is controlled under the Hindu Law instead of Partnership Act.