Gift from HUF to member


This query is : Resolved 

18 January 2017 kindly help me wheather gift received by member from HUF is taxable or not

18 January 2017 Gift received by HUF from Members of HUF or following relatives of the Memebrs of HUF
(a) Spouse of the individual;
(b) Brother or sister of the individual;
(c) Brother or sister of the spouse of the individual;
(d) Brother or sister of either of the parents of the individual;
(e) Any lineal ascendant or descendent of the individual;
(f) Any lineal ascendant or descendent of the spouse of the individual;
(g) Spouse of the persons referred to in (b) to (f).​


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