Can huf give gift to karta or kartas wife and son

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ARUN GUPTA (Querist)
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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.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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25 December 2025 In specific situation; otherwise not.

ARUN GUPTA

ARUN GUPTA (Querist)
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25 December 2025 What are those specific situations? Please clarify with examples

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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25 December 2025 Any family occasions like marriage or medical emergencies are considered for such gifts.

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Can huf give gift to karta or kartas wife and son

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