HUF

This query is : Resolved 

21 December 2016 Can a person be a karta in 2 HUF?? Suppose, there is a HUF of my father having member : FATHER : KARTA MOTHER : member Son : member after father death, Son becomes KARTA of such HUF.. Now, Can Son can have his own HUF Consisting himself as Karta , wife as member & his son also as a member..?? Till what time the father HUF can go on ??

21 December 2016 In case of death of Karta the legal heir, (son in ur case) can become Karta. He also can form his own separate HUF other than of his father
.

21 December 2016 Yes , a person can be a KARTA in 2 HUF , in one of it he was earlier a coparcener, now elevated to be a karta of a HUF, as inherited HUF , and in second one he is KARTA being promoter of a HUF


21 December 2016 Sir, where can i get this in written ??

08 November 2021 https://www.caclubindia.com/experts/can-one-man-karta-in-two-huf-1298644.asp

https://www.kaanoon.com/130989/a-person-karta-of-two-hufs



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