Hindu Undivided Family Registration

Undivided Hindu Family (HUF)

HUF stands for Hindu Undivided Family.

Section 2(31) of the Income-tax Act of 1961 classifies the Hindu Undivided Family (HUF) as a ‘person’ HUF is a distinct entity for taxation under the Act. According to Hindu law, a HUF is a family composed of all descendants of a common ancestor, including their wives and unmarried daughters. A HUF cannot be founded through a contract; instead, it is formed organically among Hindu families. Even though Jain and Sikh households are not governed by Hindu law, the Act treats them as HUFs. A HUF is taxed independently of its members, and independent use of Chapter VI deductions and exemptions is allowed.

Why should I register as a HUF?

 According to the Income Tax Act, a HUF is considered a separate person, allowing tax savings. For instance, if X is a salaried employee with rental income from the family home, he can claim deductions both as an employee and as a HUF.

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Why Business Setup in India?

Since our inception as an Official Company Registration Agent, we have maintained close ties with the Ministry of Corporate Affairs, Government of India. From day one, our intention has been to offer a streamlined incorporation procedure that is quick and easy to utilize. Today, our system for company registration is among the most efficient and effective in India. You can file an application for a new company name in slightly more than 5 minutes, and your firm will often be fully registered within 3-5 days. In addition to maintaining affordable pricing for company formation, we are constantly investigating new ways to bring value to our clients. We are proud to be one of the least expensive ways to establish a business in India.

We have the knowledge to advise clients on the appropriate company structure to implement. The majority of our clients want assistance registering a business limited by shares. The limited company structure is prevalent because it permits the distribution of profits to shareholders while safeguarding them through restricted liability. Our team has more than 2 decades of experience founding companies and providing corporate and secretarial services, which aids in the growth of tens of thousands of our clients’ enterprises each year.

We are tremendously passionate about the quality of our service, and we are incredibly proud of the reviews we get from our customers, as evidenced by our outstanding reviews and ratings. Continually, our team is chosen due to the value and skill for which it is renowned. We have helped form the industry by giving our customers innovative business services and packaged solutions that have grown alongside their demands.

Our clients have access to complimentary help from a team of experts. We are always prepared to assist. Throughout the registration of your Company, you will be enabled to contact us by phone or email if you require assistance.

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Rapid Service

You can file an application for a new company name in slightly more than 5 minutes, and your firm will often be fully registered within 3-5 days.

20 Years of Expertise

Our staff has over 2 decades of experience, making us specialists in our industry. Take the stress out of establishing your business, and rest easy knowing you have the assistance you need to thrive.

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Simplicity

The entire procedure, from ordering to utilizing your company registration license, is designed to be as simple and direct as possible to aid in the growth of your firm.

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