Can huf give gift to karta or kartas wife and son
This query is : Resolved
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24 December 2025
I am the karta of my huf firm andy huf firm wants to give gift to me or my wife or son? Will this gift be taxable ? Will there be any issues from income tax ? Please clarify whether gift is lawful as per income tax.
25 December 2025
In specific situation; otherwise not.
25 December 2025
What are those specific situations? Please clarify with examples
25 December 2025
Any family occasions like marriage or medical emergencies are considered for such gifts.
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