Huf

This query is : Resolved

KANAV SINGH (Querist)
Follow

28 April 2014 gift received by huf from relatives will be exempt or taxable

CA Sanat Pyne (Expert)
Follow

28 April 2014 HUF relative means members of HUF. And any gift received from any member of HUF is exempted.

KANAV SINGH (Querist)
Follow

28 April 2014 hi what about gift received from spouse sister.

CA Sanat Pyne (Expert)
Follow

28 April 2014 Gift recd from other than member of huf is taxable .

KANAV SINGH (Querist)
Follow

28 April 2014 thanks for reply Sanat.

Nikhil Kaushik (Expert)
Follow

28 April 2014 Harshit/ Sanat,

please refer [2013] 33 taxmann.com 483 (Ahmedabad - Trib.) for an alternative opinion.

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

Unanswered Queries

view all classess