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pLEASE PROVIDE Draft HUF Deed

(Querist) 12 June 2009 This query is : Resolved 
Dear all
IF ANYONE HAS DRAFT DEED huf PLEASE PROVIDE.
sanjeev murthy desai (Expert) 12 June 2009
Dear Akhil,

In my view there is no prescribed draft of HUF Deed. So please eloborate clearly what you want to execute.
A V Vishal (Expert) 12 June 2009
FORMAT OF HUF CREATION DEEDS FORMAT-I

DECLARATION

I, ________________, S/o__________________ Residing at ______________________ aged ___ do hereby declare-

1. That I am Karta of ___________________ .

2.That I received on behalf of the H U F gift of Rs. ___________ by way of CASH/CHEQUE from my FATHER ________________(name of relative of karta of HUF) on dt. _______________ this formed the corpus of the HUF.

3. That the HUF at present is consisting of the followings members-
I) Shri _____________________, Adult, Residing at _________________
II) Smt. _____________________, Adult, Residing at _________________
III) Kumari _________________-Minor, Residing at ___________________

4. That the above statements are true to the best of my knowledge & belief. Declare this on _________________

WITNESS: Signature 1. ————————————–

2. ————————————–

(_____________________)



FORMAT- II
DECLARATION OF GIFT MADE BY ______________ TO THE HINDU UNDIVIDED FAMILY OF _________ I,_____________________________, residing at_________________________________________________, do hereby declare and affirm as under:

1. That out of natural love and affection borne by me towards the Hindu Undivided Family of_______________, I have made a gift of Rs.______ (Rupees ________________ only) as per the following details: By Cheque No.________, dated __________, drawn on Bank ____________________, ________________ Branch, in favour of ________________________ HUF.

2. The above Gift has been duly accepted by ________________________, as Karta of his Hindu Undivided Family and has been duly acknowledged hereunder.

3. This Declaration of Gift is made to record the fact that I have made this Gift in favour of the Donee as above, who now has the absolute right, title and interest in the gifted amount. Date: ___________, 200__



___________________ (Signature of the Donor)



ACKNOWLEDGEMENT OF GIFT I, ________________________, hereby acknowledge having received the above gift made to my Hindu Undivided Family by _________________________. Date: ___________, 200__



___________________
(Signature of the Donee as Karta of his HUF)


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