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Who are co-parceners

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Who are co-parceners

Posted by Savita Chhanwal 4 years, 4 months ago

CBSE > Class 11 > Business Studies

1 answers

Gaurav Seth 4 years, 4 months ago

any person born into the family (boy or girl) up to the next coming three generations is a part of the HUF. These members are the co-parceners. The head of such a Joint Family Business is the eldest member of the family, the “Karta”.

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