Hello, Pls let me know that Is KARTA on the bahalf of HUF is eligible to act as an :
1) Proprietor in Sole Proprietorship firm
2) Parner in partnership firm
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Eligibility of huf to be partner or proprietor?
Replies (1)
HUF itself can be a proprietor of a sole propretorship firm and Karta will bi the authorised person.
HUF can be a partner or even member of a company wherein the Karta will the authorised person
Regards
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