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Position of huf on death of karta

Tax queries 285 views 1 replies

If the HUF consists of Karta, Wife and Three married daughters; whether 3 married daughters are members of the HUF?

Now, the Karta dies leaving behind the wealth in the name of HUF. Now, what will be the position of the HUF. Kindly confirm if the HUF will sustain or will have to be dissolved. Can the wealth of the HUF be distributed amongst the 3 married daughters on compulsory dissolution with the wife as consenting party?

If there is no requirement of compulsory partition; can wife opt for full partition and distribute the wealth of HUF amongst the 3 married daughters?

Pl guide on the above matters in light of Income Tax Provisions and the HUF laws applicable in Gujarat

Replies (1)
Yes there's no need for compulsory partition. the wife of the karta can go for full partition and distribute the wealth equally amongst the daughters with her being a consenting party to abdicate her share


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