Huf gift paid


This query is : Resolved 

Quick Summary
Yes, a Hindu Undivided Family (HUF) can indeed give a gift to a grandson. However, it's important to be aware that this gift will be considered taxable in the hands of the grandson according to the Income Tax Act.

24 February 2020 Sir
Aap Bataey huf gift de sakata h ya nahi grand son ko

25 February 2020 The gift will be taxable in the hands of grandson under Income Tax Act.

25 February 2020 yes, HUF can give the gift to grand son


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