HUF Formation — Deed, PAN & Bank Account
Create a Hindu Undivided Family as a separate taxpayer
- 1DocumentDeed drafted with karta, members and corpus.
- 2RegisterPAN obtained and bank account opened.
- 3OperateInvestments held and ITR filed in the HUF's name.
Share your details. We’ll reply on WhatsApp with the next steps and a checklist.
Pick a plan — the fee is adjusted if you hire us within 30 days.
About HUF Formation — Deed, PAN & Bank Account
A clear overview, in simple terms — what it is, why it matters, and how we handle it.
A Hindu Undivided Family arises automatically on marriage among Hindus, Jains, Sikhs and Buddhists; 'registering' an HUF means documenting it with a declaration deed, getting a PAN in its name and opening its bank account so it can hold assets and file its own return. The HUF gets its own basic exemption and deductions, but gifts from members into the HUF are clubbed back to the member — so its corpus should come from gifts by outsiders, inheritance or ancestral property.
The karta (usually the eldest male member, or a female member as several High Courts have upheld) manages the HUF, and coparceners have a right by birth in its property. The deed records the karta, members and the initial corpus. There is no government registration; the PAN application in the HUF's name is the formal step.
We prepare the deed, the PAN application and the bank letter, and — more importantly — advise on what the HUF can legitimately receive. Many HUFs fail scrutiny because the corpus came from the karta's own money, which Section 64(2) clubs back to him.
| Who | Hindus, Jains, Sikhs and Buddhists |
|---|---|
| Formation | Arises by birth/marriage; documented by a declaration deed |
| PAN | Applied for in the HUF's name, signed by the karta |
| Tax | Separate basic exemption and deductions such as 80C |
| Clubbing trap | Member's own gift to HUF is taxed in the member's hands (Section 64(2)) |
Who this is for
Common scenarios where this service is a good fit.
- Families with ancestral property or inherited assets
- Business families holding investments jointly
- Families wanting a separate taxpayer for legitimately received assets
What you get
Clear deliverables so you know exactly what's included.
- HUF declaration deed
- PAN application for the HUF
- Bank account documentation
- Corpus and clubbing advice
Expert review before every submission — not just data entry.
Working notes and reconciliations you can rely on in future notices.
Resident Indians, NRIs, expats and cross-border businesses — all served.
Documents required
A practical checklist. We'll tell you if anything else is needed based on your case.
* This is a base checklist. After a quick pre-check, we may ask for additional items specific to your case.
Process
A simple, trackable workflow — designed to avoid back-and-forth.
Deed drafted with karta, members and corpus.
PAN obtained and bank account opened.
Investments held and ITR filed in the HUF's name.
Get a quote
We share a clear quote on WhatsApp after a quick checklist pre-check.
- Fixed quote on WhatsApp after a short look at your facts and documents.
- Government fees, if any, are paid at actuals and shown separately.
| Factor | DIY | Indus Tax |
|---|---|---|
| Expert review | ❌ | ✅ |
| Notice risk reduction | ❌ | ✅ |
| Deduction optimisation | ❌ | ✅ |
| Audit-ready records | ❌ | ✅ |
| AIS/26AS reconciliation | ❌ | ✅ |
Share your facts and deadline. We'll reply with the right checklist and a clear quote.
Fee adjusted against our service fee if you go ahead within 30 days.
- Priority CA Call-backSkip the queue — a CA calls you within 30 minutes.₹255
- RecommendedCA Consultation (30 min)Talk one matter through properly with a CA.₹755
- In-depth CA Review (60 min)Documents reviewed before the call, written action plan after.₹1,155
Call-backs run Mon–Sat, 9 AM–6 PM IST. Booked outside these hours? We call you first thing the next working morning.
Compare the 3 plansFrequently asked questions
Answers to the most common questions we get.
This page also covers
- HUF deed
- Declaration of formation and members.
- HUF PAN
- PAN application in the HUF's name.
Official sources
Indus Tax is a private professional services firm and is not affiliated with any government authority. Rules and fees change — we confirm current positions before filing.
