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Gift from hut to one member

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 July 2014 SIR I WOULD LIKE TO KNOW THE TAX IMPLICATION IN CASE HUF IS GIFTING SUM OF AMOUNT TO ONE OF ITS MEMBER

18 July 2014 it is not taxable u/s 56(2)....................



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