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Hindu Undivided Family
Essay specific features
Written by:
Thomas B
Date added:
February 13, 2015
Level:
University
Grade:
A
No of pages / words:
4 / 1074
Was viewed:
3501 times
Rating of current essay:
Essay content:
Let us consider the main aspects which need to be borne in mind in saving tax through HUF status.
Two schools of Hindu law
In India, Hindus are mainly governed by two schools of law, namely Mitakshara and Dayabhagh. In some parts of India, particularly in south India, certain other systems are also prevalent...
displayed 300 characters
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In some parts of India, particularly in south India, certain other systems are also prevalent.
The Dayabhagh system is especially prevalent in West Bengal and Assam, whereas for the rest of country for most of the Hindus the law relating to the ownership, devolution, etc. of properties is the Mitakshara School of Hindu Law...
displayed 300 characters
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