Before buying the property, we must get all the parent documents from the respective seller. All the documents should be well read and the links to these documents must be checked i.e A purchased it from B, while B purchased...Read more
Now that you are well aware of the formalities attached to HUF, let us discuss a bit about the intricacies involved in it.
Before that, if you have not read the previous article on HUF yet, please click the link below:
Read more
Now that you are well aware of the formalities attached to HUF, let us discuss a bit about the intricacies involved in it.
Before that, if you have not read the previous article on HUF yet, please click the l...Read more
Important legal and efficient way to save taxes – HUF (Hindu Undivided Family)
HUF means Hindu Undivided Family. By creating a family unit and pooling in assets to form an HUF, you can save taxes. HUF is taxed separately from its members....Read more
Continuing from where we left off in September, explained below are few cases where after the demise of the person lot of problems and misunderstanding arose due to scribbling. :-
1. In Trichy, a father h...Read more
A will is a legal declaration by which a person names one or more persons to manage his or her property and distributes his or her property at death.
(OR)
Will is a legal declaration of the intention of a person with respect to...Read more
In pre independence era, joint families were a norm and the aged senior citizens were taken care of by the members of Hindu Undivided Families (HUF). After independence, owing to family planning, among other fac...Read more
This contains details such as survey number, its tenants, the crop raised and its condition about each piece of land in a particular village. This document will be with VAO, and a copy would also be kept in the Taluk office. Th...Read more
One of my eternity friends, who is working in a PSU, is planning to settle down in his native place after retirement in 2020. So he decided to buy 20 acres of agricultural land in Tirunelveli - Tenkasi area.
He...Read more