Gift by huf

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

20 June 2015 Sir,

please clear me can a huf give gift to it's coparceners and there is no tax bar.

please tell me in detail.

Thanking you,

CA. SHIVA SHANKARA R. SHETTY (Expert)
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20 June 2015 You can get more details on below link

http://www.ssrshetty.co.in/law-relating-to-hindu-undivided-family.html

Ankur Singhal (Expert)
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22 June 2015 dear a HUF can not gift to its members or karta.

Gift given by huf are void ab initio.

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