Question ID :
41118
Date of Creation of HUF
What should be the date of Creation of HUF ?
1. Date of Marriage OR
2. Date of Birth of Eldest Son
Posted by
Gaurav Kumar Baranwal
on
Aug 10, 2021
Filed Under
DIRECT TAXES
Answer ID :
81220
HUF can be created on any date, this date is not dependant on the events you quoted. On the date of marriage, or birth of child new members are added to the HUF.
Alternately, you can choose to start HUF on the date of marriage or birth of son.
Posted by
Ananthanarayanan on
Aug 11, 2021
Answer ID :
81224
Only husband and wife cannot form HUF. Hence date of marriage cannot be the date of creation of HUF unless the HUF property is received on partition or received as gift from family members.
Posted by
CA. chunauti dholakia on
Aug 13, 2021