Multiple HUF Membership: Clarifying the Possibility for Individual Membership in Two Hindu Undivided Families Simultaneously
Multiple Hindu Undivided Families (HUFs) Possible Under Certain Conditions
Many taxpayers are unsure whether they can be part of more than one Hindu Undivided Family (HUF). A recent query to the Ask Wallet Wise initiative has shed light on this topic.
The Ask Wallet-Wise initiative offers expert advice on personal finance and money-related queries. Taxpayers can email their queries to [email protected], and the team will try to get a top financial expert to address them.
Creating Multiple HUFs
A taxpayer recently asked if they could create a new HUF with their spouse and child while continuing to be a member of their father's HUF. The expert's advice is as follows: According to Hindu laws, an HUF consists of a maximum of four generations, consisting of up to three generations of forefathers and the next three generations of children. A person can be a member of more than one HUF.
This means that while being a member of the HUF of their father, a taxpayer can have their own HUF consisting of themselves, their spouse, and their child, including a girl child. Since more than one coparcener is necessary for constituting an HUF under the tax laws and since daughters are also treated as coparceners after the amendment of the Hindu Succession Act in 2005, a taxpayer's family constitutes an HUF.
Applying for a PAN in the Name of an HUF
To apply for a PAN in the name of their HUF, a taxpayer must apply for a PAN in form no 94, which is applicable from 1st April 2026. They must attach an affidavit giving details of all the members, coparceners, and date of birth of their first child, which is treated as the date of creation of the HUF. No deed of HUF is needed; just the affidavit will suffice for the purpose of applying for a PAN for their HUF.
Read also: Missing a Single EMI Payment Can Adversely Impact Credit Profile
| Hindu Succession Act Amendments | Date | Key Changes |
|---|---|---|
| Amendment of the Hindu Succession Act | 2005 | Daughters are treated as coparceners |
| Applicability of form no 94 | 1st April 2026 | PAN application form for HUFs |
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