Huf


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
30 October 2013 1)CAN FATHERS GIVE ONE TIME GIFT OF RS 300000/ (THREE LAKH ) TO SONS huf?
IF YES THEN WHETHER CLUBBIBG OF INCOME SEC 64(2) IS ENTITLED?
2) CAN huF TAKE LOAN FROM KARTA OR ITS MEMBERS? IF YES? THEN FOR HOW MUCH INT. FREE PERIOD?

30 October 2013 If father is relative of the Son's HUF then he can gift such money..
If the Son is the Karta and Father is the member then he can gift to his son's HUF...

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
08 November 2013 thanks very much, resolved


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
17 August 2026
Chartered Accountant with US GAAP Experience

Austin Med Solutions Pvt Ltd

Bengaluru

CA

View Details
Company
18 August 2026
Audit Assistant - Remote / Work From Home

CA ANOOP P K & ASSOCIATES

Kozhikode

CA Inter

View Details
Company
ARTICLESHIP 24 August 2026
Article Assistant

M/s.S.G.Salecha & Co.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 24 August 2026
Chartered Accountant Articles

Rohit KC Jain & Co

New Delhi

CA Inter

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
14 August 2026
Article Assistant CA Articleship

Eshwar & Co Chartered Accountants - Nungambakkam

Chennai

CA Inter

View Details