My age is 28.I am married.Idon't have any child.Can i open HUF account?My father has HUF account.?

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My age is 28.I am married.Idon't have any child.Can i open HUF account?My father has HUF account.?

2007-02-10 15:50:36 · 3 answers · asked by drbmsolanki 1 in Business & Finance ➔ Taxes ➔ India

3 answers

yes u open huf account because uget married it is not necessary to hav children or not.. say ur father to give some money gift from his Huf account to u for starting of HUF account and ur Huf account is started.

2007-02-13 17:34:14 · answer #1 · answered by @"..n"..i"..L 2 · 0⤊ 0⤋

First of all you have to creat HUF account under the eye of Income-Tax Act. Once HUF is created under income-tax act, you are eligible to open HUF account for the share market.

2007-02-11 00:59:31 · answer #2 · answered by Anonymous · 0⤊ 0⤋

Yes you can open an HUF account as you get married. Just take help from any good CA or Tax consultant in your city and he will help you out with it.

2007-02-12 05:24:13 · answer #3 · answered by nature_luv 3 · 0⤊ 0⤋