Format Of HUF Creation Deed

Format Of HUF Creation Deed

FORMAT-I

DECLARATION

I, ________________ son Of __________________ Residing at ______________________ 

aged ___Adult 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/CHEAUE 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

[To be executed on Rs. 100 Stamp Paper] 

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) •