Can huf give gift to its membera
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 August 2018
Can huf give gift to its members.will there be any tax liability.pl advise urgently.
12 August 2018
refer https://taxguru.in/income-tax/gift-received-from-a-huf-by-a-member-of-huf-is-exempt-from-tax.html
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