How to Save Taxes by forming HUF

A Common Question which a Taxpayer usually asks a Chartered Accountant at the time of filing his Income Tax Return is – Sir, How can I save my Taxes? He [...]

Hindu Undivided Family: Tool for Tax Planning For Non-Resident Indians

Every Hindu living in the UK, is entitled to considerable tax savings through HUF (Hindu Undivided Family), irrespective of whether he holds an Indian, [...]

Whether karta of a HUF could be treated as its trustee

QUESTION: Please refer to your answer in The Hindu dated October 3, 2011, regarding treatment of a Hindu Undivided Family (HUF) under the U.S. law. I am [...]