A Hindu undivided family is assessed to Income-tax as a distinct person and there are separate provisions for the tax computation. Apart from the provisions of Income-tax Act, 1961 there are many issues which arise out of partitions of HUFs, successions, wills and family arrangement/ settlements.
The prevailing social environment is leading to the breakdown of large HUFs and a movement towards nuclear families resulting in a need for arranging the affairs especially in family-owned businesses. Such a publication provides a great public service by making all the relevant information available in a simple and well-organised manner. The value of the publication is significantly enhanced by the updation of the relevant judicial decisions especially in regard to empowerment of women in the traditional Hindu Undivided Family structure. This publication is a good guide to the members as well as others in discharge of their functions