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Issue ID: 5325
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Income Tax - HUF

Date 18 Feb 2013
Replies 2 Replies
Views 1538 Views
Karta succession: daughters may act as Karta when no adult male exists, following succession law amendment.
After the death of an existing Karta the eldest male member is ordinarily the successor; however the succession amendment made daughters coparceners, and where no adult male is available or male members are minors, a female coparcener may act as Karta/manager of the HUF. (AI Summary)

Dear Readers

My query is : can a member of HUF become a KARTA , after death of original Karta of HUF. 

Regards

Amit Jain, Adv

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