Hindu Undivided Family (Formation, Management & Taxation)

Hindu Undivided Family (Formation, Management & Taxation) by CA. Pawan K. Jain is a comprehensive guide that delves into the intricacies of Hindu Undivided Families (HUFs) under Indian law. Now in its 16th edition, this book provides an in-depth analysis of the formation, management, and taxation aspects of HUFs, making it an invaluable resource for tax professionals, chartered accountants, and individuals seeking to understand the legal framework surrounding HUFs.

Key Features:

• The book covers essential topics such as the concept and creation of HUFs, roles of coparceners and the Karta, HUF property, partition, family arrangements, and HUFs in business.
• It provides a thorough examination of the residential status of HUFs, their taxability, assessment procedures, and Tax Deduction at Source (TDS) implications.
• The book includes discussions on Hindu Succession, Hindu Marriages, Adoption and Maintenance, Minority and Guardianship, supported by relevant case laws.
• Appendices feature tax rates and return forms with instructions, including ITR-2, ITR-3, and ITR-4, aiding in practical application.

This book serves as a practical guide for readers on all matters related to Joint Hindu Family and its taxation, offering clarity and insights into complex legal provisions.

Chapter 1 Who is Hindu?
Chapter 2 Hindu Undivided Family (Concept and Creation)
Chapter 3 Coparcener
Chapter 4 Karta
Chapter 5 HUF and Property
Chapter 6 Partition
Chapter 7 Family Arrangement
Chapter 8 HUF and Business
Chapter 9 Residential Status of HUF and Taxability
Chapter 10 HUF and Taxation
Chapter 11 Assessment of Hindu Undivided Family
Chapter 12 Tax Deduction at Source
Chapter 13 Hindu Succession
Chapter 14 Hindu Marriages
Chapter 15 Adoption and Maintenance
Chapter 16 Minority and Guardianship
Chapter 17 Frequently Asked Questions
Appendix 1 Rates of Tax
Appendix 2 Return Forms
ITR-2 For Individuals and HUFs not having income from profits and gains of business or profession
ITR-3 For individuals and HUFs having income from profits and gains of business or profession
ITR-4 SUGAM: For Individuals, HUFs and Firms (other than LLP) being a resident having total income upto Rs. 50 lakh and having income from business and profession which is computed under sections 44AD, 44ADA or 44AE and having long-term capital gains under section 112A upto Rs. 1.25 lakh