Consent to use family land by any one person
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 February 2012
a family has parental land (family includes a person , his married brother & married sisters , a toal of 9 persons )now the son of the first person is intended to use the land as marriage lawn & some shops have already been built previously that are on rent.the other members of the family can give thier consent regarding that land to be used by the first person . the first person is already engaged in a dairy farm.now he wants to be clear that - should he make a trust or any society to run the marriage lawn ?
CA PARAS BAFNA
(Expert)
19 February 2012
In case the land can be shown as HUF property, the income arising out of it can be shown in the HUF itself.
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