Legal Question in Real Estate Law in India
Query?
Hindu Parents r living with their , unmarried- student,childern together.Whether any property purchased ,in the name of one of a child,with the money of the parents , be a HUF Property?
Asked on 6/01/08, 11:31 pm
2 Answers from Attorneys
Homi Maratha
N.N. Maratha & Co.-Advocates
Re: Query?
Yes it can be a HUF property.
Answered on 6/02/08, 10:06 am
Shrichand Nahar
S.V.Nahar, Advocate
Re: Query?
Property purchased from HUF Funds in the name of coparceners can be regarded as HUF property.
Answered on 6/02/08, 1:22 am