HUFs for Nuclear family

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  1. Mukesh_R

    Mukesh_R New Member

    Can i have two HUF's: one with the Karta as my parent and another with Karta as myself along with my spouse ?
     
  2. Neha Sharma

    Neha Sharma Active Member

    Yes, you can have two HUF's i.e

    1. In which you are a co-parcener and your father is karta. Your mother and all linear discendents of your father would form a part of your HUF.

    2. In which you are a karta with your wife as co-parcener.

    This is a practical case and many people do this as is legally allowed.
     
    Mukesh_R likes this.
  3. Neha Sharma

    Neha Sharma Active Member

    Yes, you can have two HUF's i.e

    1. In which you are a co-parcener and your father is karta. Your mother and all linear discendents of your father would form a part of your HUF.

    2. In which you are a karta with your wife as co-parcener.

    This is a practical case and many people do this as is legally allowed.
     
    Mukesh_R likes this.
  4. Mukesh_R likes this.
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