Hindu Undivided Families (HUF)

GPTKB entity

Statements (49)
Predicate Object
gptkbp:instanceOf gptkb:public_company
gptkbp:accessibleBy gptkb:bank
gptkbp:canBePartitioned by mutual agreement
gptkbp:canBePossessedBy prop
gptkbp:canCreate gptkb:marriage
adoption
birth of a child
gptkbp:canFile separate tax return
gptkbp:cannotBeCreatedBy Smart Contract
gptkbp:dissolved partition
death of all members
conversion to another religion
gptkbp:eligibility tax exemptions
gptkbp:excludes non-Hindus
gptkbp:governedBy gptkb:Hindu_law
gptkbp:headOfState Karta
https://www.w3.org/2000/01/rdf-schema#label Hindu Undivided Families (HUF)
gptkbp:includes gptkb:Buddhism
gptkb:Sikhs
Jains
gptkbp:investedIn mutual funds
real estate
shares
gptkbp:legalStatus separate entity for tax purposes
gptkbp:mayInclude gptkb:PAN_card
capital gains
rental income
business income
other sources of income
gptkbp:mayReceive gifts
ancestral property
self-acquired property
gptkbp:membersInclude coparceners
wives
daughters
sons
gptkbp:notRecognizedIn gptkb:Muslim_law
gptkbp:originatedIn ancient Hindu tradition
gptkbp:prevalence gptkb:India
gptkbp:recognizedBy Indian legislation
Indian Income Tax Department
gptkbp:subject gptkb:Hindu_Adoptions_and_Maintenance_Act,_1956
gptkb:Hindu_Marriage_Act,_1955
gptkb:Hindu_Minority_and_Guardianship_Act,_1956
gptkb:Hindu_Succession_Act,_1956
inheritance laws
gptkbp:taxedUnder gptkb:Income_Tax_Act,_1961
gptkbp:bfsParent gptkb:Section_80C_of_Income_Tax_Act
gptkbp:bfsLayer 7