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Eligibility of huf to be partner or proprietor?

Others 3582 views 1 replies

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

 

Reply Soon.............

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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