TMI BlogIncome Tax - HUFX X X X Extracts X X X X X X X X Extracts X X X X ..... Income Tax - HUF X X X X Extracts X X X X X X X X Extracts X X X X ..... of HUF become a KARTA , after death of original Karta of HUF. Regards Amit Jain, Adv Reply By Udaya Chandran: The Reply: After the death of original KARTA, only elder male of the family can beco ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... me KARTA. Reply By rinki todi: The Reply: Yes, in the normal course the oldest son becomes the karta of the HUF in the case of death of original karta. However The Hindu Succession (Amendment) Act 2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 005 has given equal rights to male and female in the matters of inheritance as a result a daughter also acquires status of coparcener. Therefore in view of the above amendment, in absence of any male ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... member or only/all male member(s) is/are minor even a female member can become Karta / manager of HUF after 2005. X X X X Extracts X X X X X X X X Extracts X X X X
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