Legal Question in Real Estate Law in India

Long time back my father converted one self equired property to huf in income tax for income tax purpose only.In land & development office,New Delhi,mcd.

electricity and water were in his(father) individual name.In Land and development,New Delhi too he did not convert it to huf.After my father expiry this property was mutated in land and development office,New Delhi in my name,brother name and my mother name.Now is this huf or individual asset. kindly mentions any judegements on this.


Asked on 7/18/13, 8:46 am

2 Answers from Attorneys
Fca Prashant Chavan Expert Edge LLP

18.07.2013

Dear Sir / Madam,

In the HUF, your father held the property as a karta. Now since the HUF is no longer in existence with the demise of your father, the property belongs to your mother, yourself and your mother as the joint holders.

Regards,

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Answered on 7/18/13, 10:38 am
KarVai Legal Solutions Rajiv Gupta 9811284735 Ch.No: 359, Western Wing, Tis Hazari, Delhi www.karvai.in

you may retain a lawyer or a law firm to conduct legal research on the issues mentioned above.

thanks and regards

Adv. Rajiv

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Answered on 7/18/13, 9:42 pm


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