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F. A.Q. on Indian Income Tax Laws!: Junior Member Can Become Karta Of HUF!

My father is the Karta of the HUF which has been in operation for a few decades. He is 83 years old. In view of his old age, can he transfer the Karta ship to me? I am 31 years old, married with a child. What is the procedure for the same? Should thi...

http://www.taxworry.com/2007/04/junior-member-can-becom
e-karta-of-huf.html
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Tags: HUF | India
added by taxworry, 11 months 26 days ago
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