CAN HUF RECEIVE GIFT FROM OTHERS IN CASH

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Financial advisor
592 Points Posted on 21 June 2024

Dear experts,

Can an HUF receive gift from others in cash upto Rs. 50000? Is this allowable in Income Tax? Please help.

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On 21 June 2024 at 13:13 Report
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SEO Sai Gr. Hosp.
212535 Points Posted on 21 June 2024

Yes                                      

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On 21 June 2024 at 13:36

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