- Since 1956, Hindu women being recognized as coparceners on equal footing with a male member (SC) Vineeta Sharma v Rakesh Sharma 11th Aug 2020.
- Daughter as a coparcener can demand partition of her father’s HUF property. However, in her husband’s HUF she is member & not a coparcener and as such cannot demand partition, but she is entitled to a share in husband’s HUF
- Gift by member to HUF – not taxable but Gift from HUF to member – controversial
- Can s/54 exemption available if property purchase in members name from HUF’s capital gain – Yes but controversial
- There can be an HUF comprising only of female members
- Eldest Female can be a Karta – Sujata Sharma v. Manu Gupta [2016] 66 taxmann.com 28 but controversial
- Relatives of Members of HUF is not covered under definition of relative for sec 56
- Property devolved by partition or direct transfer to individual is individual property & not Child HUF’s.
