Investment by huf in the name of karta

CA Lakhbir Saini (Chartered Accountant) (191 Points)

17 February 2012  

someone plz help me.... can the karta of huf purhcase the property in his own name and for buying this property karta uses the funds of huf... my querry is that will it b treated as a property of huf or karta...... plz reply its urgent.......