Can one man karta in two huf

Save Share

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 April 2013 two huf like : -

1.one huf related to father & after father's death (own, mother,brother)
2.his own family huf (own,wife & children/s)

please urgent reply.

Prateek

Prateek (Expert)
Follow

30 April 2013 I think yes

Anil Sankar V

Anil Sankar V (Expert)
Follow

01 May 2013 in practical scenario, a head of HUF is karta, on death of A karta in HUF any head of the family member will be karta.
It is possible a person can be Karta in two HUF.

Message likes : 1 times

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
Follow

13 June 2013 Yes you can have two HUFs. One your father's HUF and secondly your HUF. Till your father's HUF is partioned yu can continue to be be the karta of the said HUF if you are the eldest son otherwise the eldest son shall be the karta. Your mother cannot be karta, she can only be the manager of HUF if there are no male members or if the male members are minors. So you can have 2 HUFs.

Message likes : 2 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now