A son is a member of his father's HUF and when he gets married, can he create his own HUF and be a karta of his HUF and at the same time be a member of his father's HUF??
ritesh garg (article) (95 Points)
01 December 2010A son is a member of his father's HUF and when he gets married, can he create his own HUF and be a karta of his HUF and at the same time be a member of his father's HUF??
Devendra
(Chartered Accountant)
(4775 Points)
Replied 01 December 2010
I don't think so this is possible. He can either be the Karta of his own HUF or be a member of his father's HUF.
Regards,
Devendra
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