G.C.SUNIL (CHARTERED ACCOUNTANT) (86 Points)
11 February 2011Hii every one, Kindly let me know if Kartha dies in a HUF, another person in the family will be acting as Kartha later on..
In such case what will be the name of the HUF if it was in the name of the deceased person and kindly let me know weather the PAN no. will change later on.. or only name in itself
and tel me the procedure plzzzz
G.C.SUNIL
(CHARTERED ACCOUNTANT)
(86 Points)
Replied 12 February 2011
What is the procedure to change the name
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 12 February 2011
no change untill any member "co pancer of the HUF is alive", but it can be dissolved and partitioned between the balance members.
HUF is formed on a person and his family, so if any member of family is alive HUF is continued,
Other male member when married may start new HUF
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