GIFT FROM HUF
This query is : Resolved
03 November 2010
If HUF gives gift to his Daughter-in-law Rs. 2,00,000/-
1) on 03/11/2010 what is it effect?
2) On 01/04/2005 the what is it effect?
is it effect on both parties?
and
Is HUF qive gift to any one?
1) on 03/11/2010 what is it effect?
2) On 01/04/2005 the what is it effect?
is it effect on both parties?
and
Is HUF qive gift to any one?
03 November 2010
First of all HUF is not a real person. So it cannot have any relatives. And secondly giving gifts would be considered as partial partition of HUF which is not allowed as per Income Tax act.
03 November 2010
thanks sir
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Liable to deduct tds and 44ADA
- TDS Challan Code
- Refund of 20%pre-deposit paid for stay application
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Relief u/s Section 89
- Rent lease agreement
- Supply through E-commerce Operators
- STCG on ETF gold & silver
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
