Question

What is joint hindu family business?

Answer 1

A Joint Hindu Family business is afamily concern with operates under the provision of the Hindu Law and Hindusuccession , Act 1956. ... It is governed by the Hindu Succession Act, 1956. InJoint Hindu Family business, authority of controlling the business lies in the hands of the 'Karta'.

Answer 2

joint hindu family business is the type of business in which all the members of a joint family participate together and the main head of this business is karta{eldest member}