can a HUF KARTA gift to Individual

umesh (Querist) 15 October 2017 This query is : Resolved
I m having an huf in the name of Umesh Manohar Daryanani HUF with my wife as coparcener n we don't have any kids. Can huf gift to Umesh Manohar Daryanani ?

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Hemant Agarwal (Expert) 17 October 2017
1. You can duly execute a "family settlement deed" with consent of all the interested legal heirs and then dissolve the HUF.

Keep Smiling .... Hemant Agarwal
VISIT: http://www.maharashtra-society-help-forum.com

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