If the case of a HUF, the property of the HUF is managed by the Karta and the HUF
does not come to an end in the event of death of the Karta. In such a case, the
members of the HUF will need to appoint a new Karta, who needs to submit following
documents for transmission:
- Request Form >(Form T4) for change of Karta upon demise of the registered
Karta.
- Death Certificate of the deceased Karta in original OR photocopy duly attested by
a Notary Public or a Gazette Officer.
- Bank’s letter certifying that the signature and details of new Karta have been updated
in the bank account of the HUF & attesting the Signature of the new Karta as per
Annexure-1b.
- KYC Acknowledgment OR KYC Form of the new Karta and the HUF, if not KYC compliant.
- Indemnity Bond as per Annexure V signed by all surviving coparceners (including new
Karta).
- If the transmission amount is upto ₹2 Lakh, any appropriate document evidencing
relationship of the new Karta and the other coparceners with the deceased Karta.
- If the transmission amount is more than ₹2 Lakh, any one of the documents mentioned
below –
- → Notarized copy of Settlement Deed, or
- → Notarized copy of Deed of Partition, or
- → Notarized copy of Decree of the relevant competent court.