Legal Question in Family Law in India

Re: Formation of HUF

You are entitled to create HUF with any money or property that you might have inherited; or gifts you receive for yourself and/or your son which are meant for HUF. The formation of HUF is automatic, one just need to declare it before the income tax authorities by filing a separate return; you may apply for a on-line PAN number to IT authorities. the date of formation of HUF can be any date on or after the date of birth of your first son.

the father is usually the Karta of HUF and is entitled to administer its property, unless some other arrangements are made.

Re: Formation of HUF

Contact your Tax consultant or CA and start filing IT returns as HUF.