Huf related !!!

This query is : Resolved 

24 April 2014 Dear Experts,

Can a member of HUF give gift to other member of same HUF...wat will be the tax implications??

24 April 2014 Gift to relatives is exempted from tax. But if it is gifted to other then fully taxable.

24 April 2014 GIFT TO RELATIVE WILL EXEPTED .

24 April 2014 Sir jee,
Pls be specific..
M asking about the giving Gifts by one member to another member of Same HUF..?

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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