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Income Tax - HUF

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..... Income Tax - HUF
Query (Issue) Started By: - AMIT JAIN, Advocate Dated:- 18-2-2013 Last Reply Date:- 25-2-2013 Income Tax
Got 2 Replies
Income Tax
Dear Readers My query is : can a member .....

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..... 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 .....

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..... 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 .....

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..... 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 .....

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..... member or only/all male member(s) is/are minor even a female member can become Karta / manager of HUF after 2005.
Discussion Forum - Knowledge Sharing .....

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