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Q.

What is the definition of hindu undivided family?

Asked by parma, 03 Jun '09 08:07 pm
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Answers (7)

 
1.

A Hindu Joint Family or Hindu undivided family (HUF) or a Joint Family is an extended family arrangement prevalent among Hindus of the Indian subcontinent, consisting of many generations living under the same roof. All the male members are blood relatives and all the women are either mothers, wives, unmarried daughters, or widowed relatives, all bound by the common sapinda relationship. An undivided family, which is the normal condition of a Hindu society, is ordinarily joint; not only in whatever relates to their commensality and their religious duties and observance are regulated by the task of regulation. The joint family status being the result of birth, possession of joint cord that knits the members of the family together is not property but the relationship. The family is headed by a patriarch, usually the oldest male, who makes decisions on economic and social matters on behalf of the entire family. The patriarch's wife generally exerts control over the kitchen, child rearing a ...more
Answered by pramod rajapurkar, 03 Jun '09 08:13 pm

 
  
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2.

A joint family.
Answered by chitrasahgal, 03 Jun '09 08:12 pm

 
  
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3.

Under the Income Tax Act, an HUF is a separate entity for the purpose of income tax return.
* The same tax slabs are applicable to HUF as to individual assessee.
* You can not transfer your own assets/money into HUF.
* If you have ancestral property and earning some income from this property, then it is better to transfer this asset to HUF and save tax up to exemption limit applicable to individual.
* You can transfer the money received on sale of ancestral property /assets into your HUF.
* The income from property of HUF can be further invested in instruments such as shares, mutual funds, etc. and will be assessed under HUF.
* Existence of property or multiple members is not a pre-requisite to create HUF. A family which does not own any property may still have the character of Hindu joint family. This jointness is understood in terms of faith and food. This is because as a Hindu is born as a member of the joint family.
* Any gifts received by the members of HUF (birthday, marri ...more
Answered by jameel ahmed, 03 Jun '09 08:11 pm

 
  
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4.

A Hindu Joint Family or Hindu undivided family (HUF) or a Joint Family is an extended family arrangement prevalent among Hindus of the Indian subcontinent, consisting of many generations living under the same roof.
Answered by Krishnakumar G. Nair, 03 Jun '09 08:29 pm

 
  
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5.

The legal definition of HUF is aptly given by Mr. Jameel Ahmed, and the Social definition by my friend Mr. Pramod Rajapurkar.
Answered by QueSera Sera, 03 Jun '09 08:21 pm

 
  
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6.

A Hindu Joint Family or Joint Family is an extended family arrangement prevalent among traditional Indians of the Indian subcontinent, consisting of many generations living under the same roof. All the male members are blood relatives and all the women are either mothers, wives, unmarried daughters, or widowed relatives, all bound by the common [sapinda] relationship. The joint family status being the result of birth, possession of joint cord that knits the members of the family together is not property but the relationship. The family is headed by a patriarch, usually the oldest male called "[Karta]", who makes decisions on economic and social matters on behalf of the entire family. The patriarch's wife generally exerts control over the kitchen, child rearing and minor religious practices. All money goes to the common pool and all property is held jointly.

There are several schools of Hindu Law, such as Mitakshara, the Dayabhaga, the Marumakkathayam, the Aliyasantana etc. Broadly, ...more
Answered by keshav pandey, 15 May '13 12:33 pm

 
  
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7.

Hindu Joint Family or Hindu undivided family (HUF) or a Joint Family is an extended family arrangement prevalent among Hindus of the Indian subcontinent, consisting of many generations living under the same roof
Answered by AGARWAL TRANSPORT ORGANISATION, 29 Oct '12 04:33 pm

 
  
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