HUF Creation Formation of HUF Hindu Divided Family using DSC with PAN

 HUF Hindu Undivided Family is a Separate entity per Income Tax laws.

Seperate PAN is allotted for HUF.

HUF is owned by Karta of Family with members.

A Married Person can form HUF with wife.

As per Income Tax Act, slab rate is applied for huf 

Huf property can not be attached.

Huf can do trading business, contract business, consultancy business not in personal nature.

Presumptive scheme 44ad is allowed for HUF 

HUF can be broker.

HUF can a retail traders.

Form and incorporate a HUF for tax benefit.

With Gift Deed and Declaration by Karta on 500 stamp with Notery with address proof pan card application is made.

Once pan is alloted HUF is formed 

Pan for huf can be applied offline courier or online using DSC of karta.