Can my mother be the karta of the HUF?1 min read . Updated: 23 Jan 2022, 03:10 PM IST
- In your case, between you and your brother, if a new HUF is desired to be set up, the eldest son will be the karta of the HUF and not your mother
My mother is a widow. My father expired 10 years ago. We are two (major) sons and a married daughter. We brothers have created a HUF with an initial capital of ₹50,000 received as a gift in marriage. Can my mother create a HUF being a karta and we two sons as coparcener?
Select your Category