HUF INCOME TAX RETURN

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This discussion addresses the correct procedure for filing an HUF income tax return after the karta's (father's) death. The consensus is that the HUF can continue under the same name and PAN, with the eldest surviving male member typically becoming the new karta. It's suggested that if you haven't established your own HUF, continuing with the existing one is a valid practice.

Amit Garg

Amit Garg (Querist)

26 May 2020 My father was filing return as Individual as well as for HUF (Diwan Chand & Sons HUF). After his death, I closed my father's individual return but continue to file HUF return in same name/PAN no i.e. Diwan Chand & Sons HUF
Is it right practice? or I should open my own HUF. I am married. My mother is also there.

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)

27 May 2020 From my view you can continue the same as after the death of father/karta the childrens automatically get succession of the same.

C.A. Mayur J. Raiyani

C.A. Mayur J. Raiyani (Expert)

29 May 2020 On your father's death, eldest member of HUF automatically becomes Karta of HUF. So, if you have not created your personal HUF then you can continue to file ITR as Diwan Chand & Sons HUF.

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