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Karta of HUF

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Whether Central Govt. employee can become the KARTA of HUF account ?
Replies (5)

Yes, you can be Karta of your HUF, but the HUF cannot do any business.....

Why HUF cannot do any business in this case ? @ Dhirajlal Sir

The query is for Karta...... who is Governmental employee....... 

....... & Employment terms restrict business activity..... (though restriction is over individuals, but wrongly interpreted even for HUF)

ok thank you sir.


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