Gift by huf

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gaurav (Querist)
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15 December 2015 Whether Huf can transfer its fund to its members as gift ?

Ankur Singhal (Expert)
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15 December 2015 Dear Gourav

HUF cannot gift anything to its members or any other person.
Such gift will be void.

But a member can make gift to huf

gaurav (Querist)
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15 December 2015 Thanks for reply.
PLease also tell me how Huf can divert its fund to members

Ankur Singhal (Expert)
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15 December 2015 pls tell me for what purpose.

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