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Huf gift paid

This query is : Resolved 
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(Querist)
24 February 2020 Sir
Aap Bataey huf gift de sakata h ya nahi grand son ko
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swasti

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swasti (Expert)
25 February 2020 The gift will be taxable in the hands of grandson under Income Tax Act.
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Amol S Joglekar

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Amol S Joglekar (Expert)
25 February 2020 yes, HUF can give the gift to grand son
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