HUF Income
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 July 2010
HUF received Rs. 1.5Lac/- as gift in the FY year 2009-2010. What is the amount of taxable income from the gift amount received. Will it be Rs. 1Lac or Rs. 1.5 Lacs.
14 July 2010
Rs. 1.5 lakhs
14 July 2010
It would be full Rs. 150,000 only
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