01 August 2014
If huf consist of husband,wife & daughter only then who will became karta of huf ,his wife oor daughter? And after both husband wife death , whether daughter can became huf's karta?
02 August 2014
well the widow could have become karta, (where no male member is living) even before the amendment of 2005. please refer CIT v RM AR AR Veerappa Chettiar (’70) 76ITR467 (SC).