Question And Answer
Subject: HUF status after all coparceners expire and only Karta remains alive
Querist: Deepak
Answered by: Reply of the Expert is awaited;
Date: December 24, 2023
Query asked by Deepak

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?

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Answer given by
Reply of the Expert is awaited. Please check back later

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