Automated Data Entry into Tally, Zoho Books, Quickbooks Certificate in Quantitative Finance

Gift from HUF to it's members is taxable ?

This query is : Resolved 
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(Querist)
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.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
10 June 2023 It's exempt income to the members.
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Nishant Gandhi

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Nishant Gandhi (Querist)
10 June 2023 Thanks for your guidance.


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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
10 June 2023 You are welcome..
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