Correct spelling for the English word “Saiko” is [sˈe͡ɪkə͡ʊ], [sˈe‍ɪkə‍ʊ], [s_ˈeɪ_k_əʊ] (IPA phonetic alphabet).

Correct spelling for the English word “actually” is [ˈakt͡ʃuːə͡li], [ˈakt‍ʃuːə‍li], [ˈa_k_tʃ_uː_əl_i] (IPA phonetic alphabet).

Correct spelling for the English word “Karan” is [kˈaɹən], [kˈaɹən], [k_ˈa_ɹ_ə_n] (IPA phonetic alphabet).

: a Japanese system of syllabic writing having characters that can be used exclusively for writing foreign words or in combination with kanji (as for indicating pronunciations or grammatical inflections) also : a single character belonging to the kana system — compare hiragana, katakana.

/kartā/ mn. performer countable noun. The company has been a strong performer for several years now.

Interpreting karta karak – कर्ता कारक As noun : nominative. Suggested : Grammar.

The head of the Hindu Joint Family also called the Karta or manager of the joint family occupies a unique position unlike any other member of the family. The senior most male member of the Hindu joint family is usually the Karta or head of the family.

a joint heir

noun. A person who shares equally with others in the inheritance of an undivided estate or in the rights to it (in the UK now as equitable interests). ‘All the coparceners have unity of possession and community of interest in the joint family property.

Under the 1 lindu law, it has also been said that the male members upto three lineal descendants are coparceners meaning a family consisting of father, his son, son’s son and son’s grandson are coparceners in the Hindu property.

24] A Woman cannot be a Coparcener and hence, She cannot become the Manager / Karta of the Hindu Joint Family.

Explanation: karta is the head of joint hindu family(HUF) business. He is also the eldest person of the family. Coparcener are the member of HUF other than karta.

A coparcener is a member of a Hindu Undivided Family (HUF), including sons as well as daughters, descended from a common ancestor. A wife can be a member of her husband’s HUF but not a coparcener.

As your mother would only be a member of the HUF and she would not qualify as a coparcener, she can’t become the karta. The court held that the Hindu Succession (Amendment) Act, 2005 which placed female coparceners on equal footing with male coparceners also extends to the position in relation to a karta of an HUF.

Thus, it is possible a person can be Karta in two HUF. One your father’s HUF and secondly your HUF. Till your father’s HUF is partioned you can continue to be be the karta of the said HUF, if you are the eldest son otherwise the eldest son shall be the karta. So you can be karta for 2 HUFs.

Section 2(31) of the Income-tax Act, 1961 treats a Hindu Undivided family as an entity distinct and different from an individual. Thus, in no unequivocal terms, it can be said that a single member cannot claim the status of HUF.

How to create HUF

1. Step 1: Create HUF Deed. The 1st Step in creating a HUF is to create the HUF Deed.
2. Step 2: Apply for HUF PAN Card. As a HUF is treated as a separate entity different from its members, a HUF is required to apply for a separate PAN Card.
3. Step 3: Open HUF Bank Account.

Hindu Undivided Family (HUF) consists of all persons directly descended from a common ancestor, and also the wives and daughters of the male descendants. For instance, you and your spouse along with your two children can create an HUF and get certain relaxation in computation of taxes.

Once a HUF is formed it must be formally registered in its name. A HUF should have a legal deed. The deed shall contain details of HUF members and the business of the HUF….

How to apply for PAN?

1. 1) Online Application – An online application can be made from the website of UTIITSL or NSDL.
2. ​ 2) Through PAN Application Center – Application for PAN can be submitted at the.
3. Download PAN Application Form.
4. Form for changes or correction in PAN data.

Basic criteria for an HUF These are outlined below: Only one member or co-parcener cannot form an HUF; The joint family continues even in the hands of females after the death of the sole male member; An HUF need not consist of two male members.

An HUF can run its own business to generate income. It can also invest in shares and Mutual Funds. And being a separate entity, the HUF enjoys a basic tax exemption of Rs 2.5 lakh….

Change in name can be applied for an update of your records with the Income TAx Authorities. However, your PAN will remain the same. You need to be the querist or approved CAclub expert to take part in this query .

The Karta of a HUF, cannot sell the property without consent from all members of the HUF. This means, you will have to get consent from all members of the HUF for selling the property.

– No, ancestral property cannot be sold without consent of successors , even if , the successors are not major. Hence, it is very clear that your uncle cannot sell a portion without consent of other successors, because as per law , you father also has his undivided share in the ancestral property.

6. Ld. AR forcefully argued that the property of a HUF could be held in the name of the Karta of the HUF or any member of the HUF. Therefore, property purchased in the name of any member of the HUF is eligible for claiming exemption under section 54 of the Act.

Every member of the family including Karta has the right to maintenance. The Responsibility of Karta is to maintain all the members of the family. If he does not maintain any member properly, then he can be sued for both maintenance and dues of maintenance.