Dear experts,
Can an HUF receive gift from others in cash upto Rs. 50000? Is this allowable in Income Tax? Please help.
Menu
CAN HUF RECEIVE GIFT FROM OTHERS IN CASH
Replies (1)
Yes
Recent Topic
- PF withdrawal and tax liability
- Sale of Goods or Services?
- ITR form query
- Credit against paud RCM on rent
- Dividend difference in 26AS, AIS, TIS
- 194JB INCOME
- Filing ITR3 where income under section 44AD with L
- What is superannuation fund
- GST Refund of input services under Inverted Duty S
- Dividend Reporting
Related Topics
CAclubindia
