Dear All,
I want to form a HUF.
1. Can I form a HUF In the Name other than individual name.
2. I am running a proprietary firm in the Name of ABC tours & Travels, I want to change it into HUF.
3.What is the procedures & required documents.
4. Can PAN card may be in the name ABC tours & travels HUF
HUF formation: possible conversion of a proprietorship and PAN registration under a business name, subject to confirmation. Formation queries ask whether a Hindu Undivided Family (HUF) may be constituted under a non individual name, whether a sole proprietorship can be converted into an HUF retaining its business name, what procedures and documents are required, and whether a tax identity document may display the business style name. The sole reply advises that an application 'can' be made but needs confirmation, and offers no detailed procedural or documentary guidance. (AI Summary)