Can huf give gift to karta or kartas wife and son


This query is : Resolved 

Quick Summary
This discussion clarifies whether a Hindu Undivided Family (HUF) can legally gift assets to its Karta, the Karta's wife, or son. It delves into the taxability of such gifts and the specific circumstances under income tax law where these gifts are permissible. Examples like marriage or medical emergencies are considered as potential valid occasions for such transfers.

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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