HUF as a partner/purchase a property
This query is : Resolved
17 February 2010
I have two questions:
1. Can HUF be a partner in a partnership firm?
2. Can 2 HUF's purchase a property in joint name?
Pls guide as soon as possible. Thanks.
1. Can HUF be a partner in a partnership firm?
2. Can 2 HUF's purchase a property in joint name?
Pls guide as soon as possible. Thanks.
KRISHNA KUMAR R C
(Expert)
18 February 2010
HUF cannot become a partner in a partnership firm.
2 huf's can buy porperty jointly.
2 huf's can buy porperty jointly.
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