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Huf formation

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 December 2012 Can HUF be formed after the death of an individual ?
Suppose after the decease of Mr. X , Mrs x holds all the ancestral property in her name.
Can HUF be formed consisting of widow ( Mrs. X) and her eldest son acting as karta to avail benefits of an HuF Account?
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CA Harish Suwalka

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CA Harish Suwalka (Expert)
17 January 2013 yes it can be done, courts have upheld this type of huf

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