|QUERY:||An assessee wants to create a HUF with his wife. Is it possible to create a HUF with gift from the family members?|
|ANSWER:||Click here to read the full answer of the expert|
|EXPERT:||CA. H. N. Motiwalla|
|CATCH WORDS:||1956 - Can husband and wife form an HUF, Hindu Succession Act|
A Hindu Undivided Family (HUF) is the normal condition of Hindu Society. The HUF with all its incidents is a creature of law and cannot be created by act of parties.