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KARTA
Chole Bhature pizza is now a viral sensation on the internet, netizens say 'Before Italians, Punjabis should ban this guy'. Watch videoA unique culinary creation, the "Bhature Pizza," has taken social media by storm. This innovative dish combines the beloved North Indian Ch...- “Yeh request hi mat kijiye”: Kailash Kher refuses to sing 2 lines at Delhi event; watch how the singer reactedSinger Kailash Kher expressed his discomfort with casual requests for impromptu performances at public events, stating it diminishes an art...
- Karta uses personal funds and ancestral income to buy property: Who owns it? Here’s what the law saysA recent Supreme Court ruling clarifies that properties acquired by a Karta using both personal and ancestral income are presumed joint fam...
- Calling property ‘ancestral’ isn’t enough: Courts demand clear chain of title and documentary proofCourts now demand concrete proof for ancestral property claims. Simply calling property ancestral is insufficient. Claimants must establish...
- Can a Karta sell joint family property to one relative? Here’s what the law allowsThe Supreme Court upheld a Madras High Court ruling stating a Karta cannot transfer joint family property to one member without genuine nec...
- Karta’s property not treated as HUF asset if he can prove it was acquired from personal income without use of ancestral assetsThe Supreme Court of India has clarified property division rules for Hindu Undivided Families. A Karta's property is considered self-acquir...
- Karta repays more than advance taken, I-T sends tax notice, but ITAT Mumbai rules in favour of HUFThe Mumbai branch of the Income Tax Appellate Tribunal has issued an important ruling, stating that any surplus loan refunds received by a ...
- Father sold family land for daughter’s marriage; first son alleged father was alcoholic and filed a case but lost in Supreme Court due to this reasonThe Supreme Court addressed the sale of HUF land by its Karta, Sharanappa, challenged by his first son. The court overturned the High Court...
- Woman can be karta of Hindu Undivided Family (HUF): Delhi HCThe high court, in a recent verdict, underlined that “neither the legislature nor the traditional Hindu law in any way limits the right of ...
- What is the process of dissolving an HUF (Hindu Undivided Family)?Our panel of experts will answer questions related to any aspect of personal finance. If you have a query, mail it to us right away.
- After death of karta in the Hindu Undivided Family (HUF), can his wife become a karta?Readers' estate planning queries answered by Raj Lakhotia, Founder, Dilsewill.
- Who can become karta of HUF?Who can become karta of HUF?
- Can woman be the karta of an HUF?An HUF has coparceners who are born into the family and members who become part of the HUF through marriage.
- Manav Kaul's book of poems 'Karta Ne Karm Se' to release in August'Karta Ne Karm Se'' is the 44-year-old actor's seventh book.
- Transmission of mutual fund units of HUF when karta changesKYC documents of the new Karta and the HUF need to be provided. Transmission form and documents submitted by the new Karta/members are scru...
- Tax Queries: How to continue with HUF PAN after death of the KartaEvery week, an expert selected by ET answers queries from our readers on income tax.
- How an HUF can invest in mutual fundsThe karta of the HUF is required to fill up the non individual KYC form and complete KYC formalities with the registration agency (KRA).
- From 'manager' to 'karta': Why Kishore Biyani changed the designationThe CEO of Future Group had store managers earlier but now they are called a 'karta'. Biyani reveals the reason behind the change.
- What happens to demat account of HUF on death of karta?CDSL allows demat account to be opened in the name of the HUF. In case of death of the karta, certain transmission procedures need to be fo...
- MF investments: What to do when there is a change of karta in an Hindu Undivided FamilyA letter requesting a change of karta needs to be sent to the concerned asset management company.
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