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23 April 2015 Whether Karta of HUF can give gift to his HUF so that no clubbing provisions are apply on either party?

23 April 2015 Yes. But at max INR 50,000 in an year

23 April 2015 Now Karta of HUF is considered as a relative of the HUF so there will be no Income from other sources if in excess of 50000. However, clubbing provision will be applicable in hand of Karta Individually.

I have not checked exact law on this but in a scrutiny of a known person the interest was clubbed with individual income of Karta.






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