The Head of the Hindu undivided family business is known as______ . Fill in the blank.
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Karta is the head of HUF
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The head of a hindu undivided family business is known as a Karta.
He is the senior most member of the family.
He runs the business as he holds all the powers and the responsibilities.
After a Karta retires, the second senior most member becomes the Karta.
He has the power to take decisions on his own and not heed to the other’s advice.
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