For income tax return preparation
This query is : Open
raja singh
(Querist)
13 August 2016
A bigger HUF consist of karta, his only son, son’s wife and their minor male child.
Son of the karta is also having a smaller HUF consisting of he himself as karta, his wife
and a minor son.
Karta of the bigger HUF expired leaving behind the only son who now became the karta of
erstwhile bigger HUF, now the karta of the bigger HUF and smaller HUF are the same persons.
Now the question arises that whether both of the HUF will be merged up into one HUF as karta
of both the HUF are same or both of the HUF will continue to remain separate as before.
Please Advise.
Son of the karta is also having a smaller HUF consisting of he himself as karta, his wife
and a minor son.
Karta of the bigger HUF expired leaving behind the only son who now became the karta of
erstwhile bigger HUF, now the karta of the bigger HUF and smaller HUF are the same persons.
Now the question arises that whether both of the HUF will be merged up into one HUF as karta
of both the HUF are same or both of the HUF will continue to remain separate as before.
Please Advise.
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
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- GST input credit on commercial property
- GSTR-9C filing
- GST ITC as per notification 12/2023- central tax
- Urd purchase entry in tally prime
- IMS (import of goods) ITC related
- Capital Gains Tax on Inherited Mutual Fund
- Royalty payments to the Mining Department for procurement of murum - GST input
- Gift to nri relatives residing in usa
- Applicability of tax on invoice
- Ito add credit side of bank
- Employee secondment
- GSTR9 Annual Return
- LLP audit and disclosure
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
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
