Huf gift paid
This query is : Resolved
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PANKAJ JAIN
(Querist)
24 February 2020
Sir
Aap Bataey huf gift de sakata h ya nahi grand son ko
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.
Amol S Joglekar
(Expert)
25 February 2020
yes, HUF can give the gift to grand son
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