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HUF

Up to 4th line of Hindu descendants can claim share in ancestral wealth

However, assets inherited from one's maternal grandfather are not regarded as ancestral

Updated On: 22 Nov 2022 | 7:58 PM IST

A deep dive into the SC ruling on daughter's right to ancestral property

Even in families dissolve the HUF, they may still have to give the daughter her rightful share, say experts

Updated On: 23 Aug 2020 | 9:33 PM IST

It is high time 'Hindu Undivided Family' ceases to be a tax entity

An HUF entity is against the rights enshrined in our constitution and has become a mere tax planning tool in the hands of tax consultants who advise affluent Hindus.

Updated On: 18 Nov 2016 | 12:17 PM IST

Limited role for wife in HUF

She cannot be the karta but has the right to her husband's share in an estate after his death

Updated On: 13 Oct 2016 | 12:29 PM IST