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anand das (service)     10 March 2012

Gift of huf property

Can Karta of HUF, gift the HUF property to his wife (individual) out of his natural love & affection for her?


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Adv.R.P.Chugh (Advocate/Legal Consultant (rpchughadvocatesupremecourt@hotmail.com))     10 March 2012

Karta can gift only moveable properties out of love and affection and not immoveable properties as per the Hindu Law, and that too only to his heirs. Though he can alienate for value property to anyone in case of legal necessity/benefit of estate.

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