Dear All,
Can Power of Attorney be taken by son for his father's HUF.
Age of father is more that's why son wants to take up power in his hand for HUF Property and bank transaction.
1) Can son take PoA?? if yes then what legal compliance need to follow?&
2) please anyone can send format of same?
Can a Son Obtain Power of Attorney to Manage His Father's Hindu Undivided Family Account? Exploring Legal Compliance. A discussion on whether a son can obtain a Power of Attorney (PoA) for his father's Hindu Undivided Family (HUF) account due to the father's advanced age. The son seeks to manage HUF property and bank transactions. One response affirms that the son can take PoA for these purposes, though the original query also requests information on the necessary legal compliance and a format for the PoA. The discussion includes a brief acknowledgment of the advice given. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
