Igift
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 July 2013
MWhat is the tax implications of HUF receiving gift from its member's brother?? Pls support your answer with a strong base
10 July 2013
No tax liability as in finance act 2012 gift by huf or to huf by its members exempted u/s 56(2).
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