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Question
What is the role of Karta in a HUF?
What is the role of Karta in a HUF?
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Solution
The role of a Karta in a HUF (Hindu Undivided Family) is to manage the HUF property. He is considered the custodian for the assets and income of the HUF.
Karta is regarded as the head of the HUF.
Also see: Hindu Undivided Family Business
Stay connected with BYJU’S for more such questions and answers on various commerce topics.
The role of a Karta in a HUF (Hindu Undivided Family) is to manage the HUF property. He is considered the custodian for the assets and income of the HUF.
Karta is regarded as the head of the HUF.
Also see: Hindu Undivided Family Business
Stay connected with BYJU’S for more such questions and answers on various commerce topics.
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