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Taxation on gifts

This query is : Resolved 
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(Querist)
08 August 2013 i want to know that whether gift will be taxable if father's huf gives gift to son's wife and grand father huf gives gift to grand son's wife
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
08 August 2013 HUF can give occasional gift of reasonable amount to its members and relatives.
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