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HUF

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(Querist)
05 May 2009 i WANT TO KNOW IF KARTA OF huf EXPIRED WHAT TO DO kARTA'S ASSETS & iNCOME?
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CA. B.SRINIVASULU

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CA. B.SRINIVASULU (Expert)
05 May 2009 If karta expires the male member whose age is more in the family will become the karta. If no male members are there then the HUF will be dissolved.
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Rajeev Garg

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Rajeev Garg (Expert)
06 May 2009 in that case assets may be distributed among legal heirs
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