what is HUF with difination
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HUF means Hindu Undivided Family. You can save taxes by creating a family unit and pooling in assets to form an HUF. HUF is taxed separately from its members. A Hindu family can come together and form an HUF.HUF has its own PAN and files tax returns independent of its members.
kumarsharma3200:
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HUF means Hindu Undivided Family. You can be creating a family unit and pooling in assets to form HUF.
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