Hello Sir, HUF possesses a flat in a co.op.hsg.society of total 21 flat owners. With the consent of 20 owners, society is going for a redeployment. KARTA of HUF has neither signed Irrevocable Consent Letter nor the M.O.U. Shockingly, without the consent of KARTA of HUF, the society had given the possession of the premises to the redeveloper and it had demolished all the flats. What actions should be taken by KARTA and on whom? Please urge you to treat it as most urgent and guide me? Thanks & Regards, Deepak
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giving of gifts by huf to relatives amounts to partial partition ? does it need order u/s 171 ?
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In case of assessee, who is HUF and owner of land has executed the specified agreement with the developers for development of land in the FY 2019-20. on the obtaining of the completion certificate of the project it is noticed that Stamp duty value of developed structure is higher than fair market value. In this situation whether there is any impact of section 50C also. pl guide
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Is it necessary to register Partition Deed of HUF if it does not own any immovable property?
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Kolkata based HUF having one land in Delhi. One person gets it with Mutual consent and HUF is dissolved. Now can we register this deed in Kolkata and on basis of this will the sub registrar in Delhi accept the land ownership transfer since old karta can't travel. If we need any court order do we approach Delhi or Kolkata court.
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Assessee is an individual and Hindu . He got married with another women in the life time of first wife. He had two children from first wife and a daughter from second wife. First wife expired and thereafter almost 25 years assessee and his second wife are living together as husband and wife and also accepted by all family and society. Assessee was also assessed to tax in the capacity of HUF also. The family members consisting of the children of first wife and the second wife and her daughter has decided to settle their disputes about the property of…
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Assessee is an individual and Hindu . He got married with another women in the life time of first wife. He had two children from first wife and a daughter from second wife. First wife expired and thereafter almost 25 years assessee and his second wife are living together as husband and wife and also accepted by all family and society. he had his HuF . He died with out having any will. what are rights in property of second wife and their daughter . whether they have any rights in properties of his HUF . pl guide .
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1] can partition of HUF be unequal /only in favour of 1 member ? 2] Can Karta's wife claim rights in 2 HUF , viz, huf of father and huf of husband ? 3] IS order u/s 171 mandatory for partition of HUF ? 4] Is it possible to allot assets to coparceners individually instead of huf of each coparceners ? 5] How many generations Any HUF can continue ?
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Whether the co-parcener or Manager of Hindu undivided family may be the authorized signatory in Banks account
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HUF, Redevelopment