Gift given by huf
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 January 2012
Sir can huf gives sum amount of money as a gift its family Member( Son in Law).
15 January 2012
A small amount can be gifted to Son in Law as it is customary in Hindu Families.
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However HUF can not gift substantial part of its wealth to outsiders.
.
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However HUF can not gift substantial part of its wealth to outsiders.
.
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