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HUF - FEMALE MEMBER WIFE OF KARTA IS Coparcener or member

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TAX CONSULTANT
1070 Points Posted on 13 November 2019

1) HUF - FEMALE MEMBER WIFE OF KARTA IS Coparcener or member

2) what is difference between Coparcener or member

3) Liability of Coparcener or member [ is it limited or unlimted]

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On 13 November 2019 at 14:48 Report
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17264 Points Posted on 13 November 2019
Only males including daughters & grand daughters are recognised as coparceners of the HUF and all the other females are called members. 

Wife of karta is member.

All the coparceners are members but vice-versa is not true.
101 Reply
On 13 November 2019 at 16:18
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TAX CONSULTANT
1070 Points Posted on 13 November 2019
Liability of Coparcener or member [ is it limited or unlimted]
5 Reply
On 13 November 2019 at 17:41
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17264 Points Posted on 13 November 2019
They all Coparceners and members are severally and individually liable for all debts. Not limited liability.
101 Reply
On 13 November 2019 at 20:22
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TAX CONSULTANT
1070 Points Posted on 14 November 2019
Https://www.caclubindia.com/forum/liability-of-proprietor-firm-in-name-of-huf-how-is-karta-coparencer-and-member-will-be-liable--534900.asp
5 Reply
On 14 November 2019 at 07:47


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