United a hindu family gains, divided it looses - Mazars - India
United a hindu family gains, divided it looses
United a hindu family gains, divided it looses
Bharat Dhawan, Managing Partner, Mazars, writes about the tax advantages of a Hindu Undivided Family in The Economic Times.
The Hindu Undivided Family (HUF) is a special feature of Hindu society and is defined as consisting of an ancestor and all his lineal male descendants together with their wives and unmarried daughters. The tax incidence can be lowered down considerably by effective tax planning and not by tax evasion under HUF structure.
ET Coverage 25th July 2010 (.pdf - 680.95 kB)
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