Dissolution of huf
This query is : Resolved
03 December 2012
my grandfather needs to dosolve his huf can u tell me who are the co-parsners to the huf he has a wife, 2 sons and 3 daughters. and grand sons and grand daughters to all the 5 childrens.
how can he desolve the huf. can his huf be continued after his death? if so who will be the karta? his eldesst son or a daughter or his wife?
how can he desolve the huf. can his huf be continued after his death? if so who will be the karta? his eldesst son or a daughter or his wife?
03 December 2012
The better word is PARTITION. (Please never use the word dissolution.) Partial partition is NOT recognised by Indian Income Tax. If he does not partition the HUF, the eldest son will be KARTA after his sad demise.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Reporting Income under Section 44ADA
- Itr 1 processing
- Building and other construction workers welfare cess act 1996
- Bank Accounts in Balance Sheet for ITR 3
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- TDS ON CASH WITHDRAWALS...
- Article ship defecit
- Query regarding TDS on EPFO Higher Pension Arrears*
- Form 10BD Filling
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Annual return of gst limit
- Delisted shares sold in off market/ Rebate u/s87A
- Error whiling application of GST REFUND (ANNEXURE B)
- While filing GSTR9 accountant couldn't entered the ITC values in Table 6, in 9C it is not accepting
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
