HUF PROPERTY PURCHASE

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This discussion clarifies whether a HUF Karta can purchase property directly in the HUF's name. The consensus is yes, property can be registered under the HUF, not the Karta personally. The Karta acts as the signing authority for the purchase, and the HUF's PAN should be used for the transaction.

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(Querist)
01 January 2021 CAN HUF [KARTA] PURCHASE LAND/BUILDING AND HAVE REGISTRY IN THE NAME OF KARTA.
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
07 January 2021 You can register in HUF name since it is the property of HUF not katha.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
02 October 2021 Yes, but signing authority for the purchase will be KARTA, himself.
Use PAN of HUF while purchasing the property in the name of HUF.
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