HUF for Indian Families: A Tax Tool or a Complex Commitment
The Hindu Undivided Family (HUF) offers Indian families a unique way to manage assets and potentially save on taxes. However, as aspiring Chartered Accountant Krishna Prasath points out, it’s crucial to understand the intricacies involved beyond just the financial benefits. An HUF isn’t merely a tax-saving loophole; it’s a separate legal entity with its own … Read more
