Solubilis provide Hindu Undivided Family registration services in Chennai, Bangalore, Hyderabad, Cochin and anywhere in India. In olden days business houses are run by families and later due to business growth and expansion the management of the business was given to the professional managers. Indian Income Tax act recognizes Hindu Undivided Family as an assessing entity. Hindu Undivided Family is the life style of Hindu religion. All the family members live together under the guidance and direction of the one eldest family member. Similarly, the business is also managed by members of the Hindu Undivided Family. Hindu Undivided Family shall mean a family consist of senior elderly persons lineally descended from common ancestors and include their wives and unmarried daughters. In Hindu Undivided family, senior most member of the family will be called as “Karta”, who will manage business of the family. The other male and female members of a HUF all designated as co-parceners.
Solubilis corporate services assist the clients registering Hindu undivided Family (HUF) as a separate tax entity.
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