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Rani Abbakkadevi

Karta of HUF ...

Question

Karta of HUF is the ________ of his family.

A

creditor

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B

representative

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C

employee

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D

none of the above

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Solution

The correct option is C representative
A Hindu Undivided Family is regulated by the Hindu succession Act. It consists of karta the head of the family and co-parceners, the members of the family. Hence, Karta of HUF is of his family representative.

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Similar questions

Q. In a HUF business, the liability of the karta is _______________.

Q. Karta in HUF is _______ of his family.

Q. A joint HUF business ceases to exist on the death of the KARTA.

Q. Identify which statement is true and which is false?
1. Any person can become member of HUF.
2. In a HUF business, in the event of death of any of the co-parcener, his wife can claim share of profit.
3. In a HUF business, the liability of the karta is Unlimited.
Select the correct answer from the options given below.

Q. Statement X :
Karta is the custodian of the income and assets of the HUF
Statement Y:
An adopted son who is the eldest in the family can be qualified to be a Karta of HUF.

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