Huf related !!!
This query is : Resolved
Abhishek Kumar
(Querist)
24 April 2014
Dear Experts,
Can a member of HUF give gift to other member of same HUF...wat will be the tax implications??
Can a member of HUF give gift to other member of same HUF...wat will be the tax implications??
Sandeep Dharar
(Expert)
24 April 2014
Gift to relatives is exempted from tax. But if it is gifted to other then fully taxable.
Rupesh Jain
(Expert)
24 April 2014
GIFT TO RELATIVE WILL EXEPTED .
Abhishek Kumar
(Querist)
24 April 2014
Sir jee,
Pls be specific..
M asking about the giving Gifts by one member to another member of Same HUF..?
Pls be specific..
M asking about the giving Gifts by one member to another member of Same HUF..?
Sandeep Dharar
(Expert)
24 April 2014
So? What u want now? If is clearly explained. And mostly family members r the members of HUF. So gift to them or from them r fully exempted.
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