05 February 2017
RESPECTED SIR, THERE ARE 2 MEMBERS IN A H.U.F THE MOTHER AGED ABOUT 70 YEARS AND THE SON AGED ABOUT 50 YEARS AND THE SON IS THE KARTA OF THAT H.U.F SIR, SUPPOSE THE MOTHER DIES ON A LATER STAGE AND THE SON REMAINS ALONE. SIR, PLEASE CLEAR MY FOLLOWING DOUBTS IN THIS REGARD ; 1.WHAT WILL HAPPEN WITH THAT H.U.F FILE? 2. HOW THE H.U.F FILE WILL RUN 3.CAN ANY NEW MEMBER BE ADDED IN THAT H.U.F? WITH REGARDS ?
19 October 2021
A sole surviving coparceners holds the ancestral property but would be assessed as an individual in the absence of any other member / coparcener. However if he adopts a child, or marries; it would immediately assessable as HUF because the adopted child or wife would have equal share in the ancestral property.