in case of huf
if father or karta having wive and married daughter died....
how his case will be assesed
will his wive will continue to be karta
plz answer with some authority
12 Replies
Sudhit
(no)
(248 Points)
Replied 10 November 2009
Ques.is not clear,
can u post it again, be specific.
FATEMA
(CHARTERED ACCOUNTANT)
(719 Points)
Replied 11 November 2009
As far as i know, Karta his always a male.After the death of the father, the father's brother (if exists) or his elder son (If the father has no brother) , wil be the karta of the HUF.
His wife cannot be the karta.
CA Naveen Kumar Mavi
( CA - JOB CS Final & Graduated B.COM(H))
(246 Points)
Replied 11 November 2009
your case is worng.....
see here....
on first view it looks in yur case tat there is no son of your so called karta, please understand, how can it b a HINDU UNDIVIDED FAMILY.
U may first correct the query or get clarification regarding incorporation of HUF.
Sunil
(Trader)
(2611 Points)
Replied 11 November 2009
HUF exists by law on son being born to couple. Now if son dies HUF would stillontinue if father is alive as there is possibility for adoption also.
CA Parth Shah
(Chartered Accountant)
(369 Points)
Replied 11 November 2009
Karta can only b a MAN as kajri said.
bt going behind that, if karta cease to exist and he does not have son or brother,then the HUF itself cease to exist.
No way,what so ever,a female can become Karta in any circumstances.
ca.sumit
(professional)
(93 Points)
Replied 11 November 2009
query is still not solved
pls reply in better manner......
ca.sumit
(professional)
(93 Points)
Replied 11 November 2009
father da male member died.....
now how his case will be assessed....
if hes having one married daughter and a wife....
will she can manage that huf
CA Rahul Jain
(CA)
(1162 Points)
Replied 11 November 2009
@ sumit,
If there is no male members left in HUF, it automatically gets dissloved and the assets are distributed among the female members.
No female members can ever be karta of HUF. If a male member is minor, then his guardian (who can be female) can manage the HUF.
As far as assessment is concerned, all the left members will be assessed in their individual capacity.
Regards
chintz
(CA Final )
(129 Points)
Replied 11 November 2009
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