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Karta of HUF
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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