Gift from HUF to it's members is taxable ?
This query is : Resolved
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10 June 2023
Respected Expert
Kindly advise that If HUF give gift to it's members than it is taxable income or exempt income to the members?
Your early response shall be highly apprecited.
Kindly advise that If HUF give gift to it's members than it is taxable income or exempt income to the members?
Your early response shall be highly apprecited.
10 June 2023
It's exempt income to the members.
10 June 2023
Thanks for your guidance.
10 June 2023
You are welcome..
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