Technical Guide on Taxation of HUFs


Members and Coparceners:

Property of Single Member:

Assessment of HUF:

Capital Formation:

Property Received on Succession:

On intestate succession, it will be taxed as individual property and not the property of HUF to which it belongs.

On testamentary succession, it will be taxed as HUF capacity provided that there are express or specific terms in the will mentioning the HUF.



HUF and Partnership:

HUF and Company:

Partition of HUF:

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