Question And Answer | |
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Subject: | bank account of HUF |
Category: | General Law, Income-Tax |
Querist: | Harish Arora |
Answered by: | Dr .K. Shivaram Senior Advocate |
Tags: | bank account, HUF |
Date: | May 7, 2022 |
Whether the co-parcener or Manager of Hindu undivided family may be the authorized signatory in Banks account
Yes . Karta can authorise by giving Power of Attorney to Co -Parcener of HUF to be signatory in Bank Account on behalf of HUF
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