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regarding HUF & karta

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 June 2011 HI All,
I Want to know whther HUF can provide Loan to its karta.
PLEASE help as soon as possible.

Thanks
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CA Sanat Pyne

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CA Sanat Pyne (Expert)
01 June 2011 yes, huf can provide loan to any member of huf.
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Querist : Anonymous

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Querist : Anonymous (Querist)
02 June 2011 Thanks for reply,

But Sir,
IS any implicatin of Karta's unlimited liability becomes hurdel in providing the loan to karta from Reserve fund of HUF.
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