Gift from hut to one member
This query is : Resolved
Querist : Anonymous
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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