Easy Office
LCI Learning

Cash gift by member to his huf

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
21 September 2014 sir
i have cash gifted to my HUF 50000 in 12.03.14
(1) cash gift affect provision 64(2)
(2) if yes then what can i do
# expen all the money
plz ans as soon as possible

22 September 2014 1. its not taxable as its exempted u/s 56(2)



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries