Easy Office
LCI Learning

Gift by huf

This query is : Resolved 

22 January 2016 Whether a Hindu Undivided Family can give gift in cash or kind to a relative as defined in Sec 56(2) .If yes,who is called relative???

22 January 2016 Dear Gajendra
A HUF can not gift anything to any person even the relatives.
As gift made by HUF are void ab initio.



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