state meaning of HUF with characteristic
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Answer:
Characteristics of Joint Hindu Family Business:
Ancestral property should have been inherited by members of HUF. All of the members enjoy this property and have an equal share in that Property. Thus, any child taking birth in that family becomes a member of the HUF.
Answered by
1
Answer:
Characteristics of Joint Hindu Family Business:
Ancestral property should have been inherited by members of HUF. All of the members enjoy this property and have an equal share in that Property. Thus, any child taking birth in that family becomes a member of the HUF.
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