Understanding the Hindu Undivided Family (HUF) A Hindu Undivided Family (HUF) is a unique legal and tax entity recognized under Indian law. It is governed primarily by Hindu law and is available to Hindus, Jains, Sikhs, and Buddhists. An HUF consists of members descended from a common ancestor and is widely used for holding family assets, managing ancestral property, tax planning, and preserving wealth across generations. Since an HUF is treated as a separate taxable entity u