| Question And Answer | |
|---|---|
| Subject: | HUF status after all coparceners expire and only Karta remains alive |
| Category: | Income-Tax |
| Querist: | Deepak |
| Answered by: | Reply of the Expert is awaited; |
| Tags: | HUF |
| Date: | December 24, 2023 |
In case of an HUF of 3 persons with one as Karta and the other two as co-parceners, what happens to the HUF when the two co-parceners expire? Can the HUF continue? What is the tax treatment in such a case?
Reply of the Expert is awaited. Please check back later
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