Question

In a HUF business, in the event of death of any of the co-parcener, his wife can claim share of profit.

• A. False
• B. True
• C. Partly true
• D. None of above

Answer 1

The correct option is B True

In a HUF business, in the event of death of any of the coparcener, his wife can claim share of profit-this is a true statement. A Hindu Undivided Family is an extended family arrangement prevalent among Hindus of the Indian subcontinent. It came into existence as per Hindu Inheritance Laws of India.