Status of huf of father after death of both parents
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 January 2016
My family consisted of:
My Father, Mother, my 2 elder sisters (both married - in 1975 & 1979), myself (the only son - married in 1988; have 2 children - 1 daughter & 1 son - both unmarried).
We had 2 HUFs - one in the name of my father, of which my father was the karta and the other in my name, of which I was the karta.
After the death of my father in 2008, I became karta of HUF of my father. Since 2008, I am karta of both the HUFs and I have been filing the ITRs regularly for both the HUFs.
In 2015, my mother also expired. Now, after the death of my mother, please guide me on the following:
1. Can I continue the HUF of my father as karta?
2. Will my 2 elder sisters (both married) be considered as members of HUF of my father, of which I am the karta?
My Father, Mother, my 2 elder sisters (both married - in 1975 & 1979), myself (the only son - married in 1988; have 2 children - 1 daughter & 1 son - both unmarried).
We had 2 HUFs - one in the name of my father, of which my father was the karta and the other in my name, of which I was the karta.
After the death of my father in 2008, I became karta of HUF of my father. Since 2008, I am karta of both the HUFs and I have been filing the ITRs regularly for both the HUFs.
In 2015, my mother also expired. Now, after the death of my mother, please guide me on the following:
1. Can I continue the HUF of my father as karta?
2. Will my 2 elder sisters (both married) be considered as members of HUF of my father, of which I am the karta?
09 January 2016
The repy to both the query is in -Yes.
.
After 09-09-2015, passing of the new Hindu Succession (Amendment) Act 2005, daughters have also got the same status as of a son.
.
.
After 09-09-2015, passing of the new Hindu Succession (Amendment) Act 2005, daughters have also got the same status as of a son.
.
01 February 2016
You can continue as kharta.
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
- STCG....................................................
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- TAN for Partnership
- LTCG for Assmt year 26-27
- E way bill for tractors
- Suggestions required for income tax filing-software (FY 2025-26)
- Loan by Partnership Firm
- Plot of land. Cost of Acquisition
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
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
