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 .
► Read Answer
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 ?
► Read Answer
Whether the co-parcener or Manager of Hindu undivided family may be the authorized signatory in Banks account
► Read Answer
Assessee is an individual. During life time of his wife who was bed return due to bad health, married with another lady. He had children from first wife . The first wife expired after the second marriage. The entire community and other family members have accepted second lady as wife of the individual. The person had a girl child from the second lady. On all records the name of children from first wife , daughter of second child and second wife have stated as members of HUF of the individual. After the death of an individual, the full partition…
► Read Answer
What is status of HUF on death of it's Karta. The HUF was having 5 members 1. Karta 2. his Wife 3. Elder son 4. Younger Son 5. Younger Daughter. Wife of Karta is also expired & both sons are married & are karta of their own HUF. Whether elder son can become karta of HUF of his father, even though he is karta of his own HUF.
► Read Answer
SOME TRUCKS ARE REGISTERED UNDER HUF NAME UNDER SINGNATURE OF DECEASED KARTA. AFTER EXPIRY OF KARTA THE REMAINING MEMBER OF HUF ELECTED ELDER SON AS A KARTA OF FAMILY. HOW HAS AUTHORITY TO SALE TRUCKS. 1)PRESENT KARTA (MEMBERS ARE AUTHORISING) 2)WIFE OF DECEASED KARTA 3)ALL MEMBER OF HUF JOINTLY. THE RTO IS SAYING THAT 1) A SUCESSION CERTIFICATE IS REQUIRED TO TRANSFER OF VEHICLE. 2) FIEST TRUCKS WILL BE TRANSFERED TO WIFE OF DECEASED KARTA AND THEN THAT TRUCKS CAN BE SOLD OR TRANSFER TO THIRD PARTY. THE RTO IS REFUSING THE AUTHORITY OF NEW KARTA EVEN AFTER AFFIDAVIT BY…
► Read Answer
A family comprising of Husband (SK), Wife (N) and a minor son (S) was assessed to tax as a Hindu Undivided Family(SK HUF). The husband expired and the HUF continued with the wife as manager as the son was still minor. The minor had his own income also which was being clubbed with his father, and after the death of the father the income was clubbed with his mother. The wife(N) got remarried to a divorcee (Y) who is having 2 daughters from his previous marriage. S, the minor son of the deceased SK and N is now not having…
► Read Answer
In an HUF account, if a co-parcerner passes away, I have 2 queries: 1) Are his wife & daughter entitled to his share in the HUF? 2) Can the Karta of the HUF decide how to distribute the deceased co-parcerner's share?
► Read Answer
Whether income derived from funds of HUF – Individual or family income ?
► Read Answer
Rights of illegitimate girl in HUF property