Huf & co-owner
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 January 2014
Prem was the Karta of HUF. He died leaving behind his major son Anand, his widow, his
grandmother and brother‘s wife. Can the HUF retain its status as such or the surviving persons
become co-owners?
grandmother and brother‘s wife. Can the HUF retain its status as such or the surviving persons
become co-owners?
27 January 2014
Hi
HUF will continued, On death of father, HUF can continue; oldest son will be karta.
Pl refer: http://www.livemint.com/Money/ru3H4r23AUiuVCfAozumHM/On-death-of-father-HUF-can-continue-oldest-son-will-be-kar.html
Thx
HUF will continued, On death of father, HUF can continue; oldest son will be karta.
Pl refer: http://www.livemint.com/Money/ru3H4r23AUiuVCfAozumHM/On-death-of-father-HUF-can-continue-oldest-son-will-be-kar.html
Thx
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