Gift by HUF

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Cost Accountant
30 Points Posted on 30 November 2020
Sir
Please advise taxability of gift, if any given by HUF out of it's self acquired movable property to married daughter..
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On 30 November 2020 at 19:55 Report
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This discussion explores the tax implications of a Hindu Undivided Family (HUF) giving a gift of self-acquired movable property to a married daughter. While a plain reading of tax provisions suggests it may be taxable in the daughter's hands, the asker is seeking further clarification and any relevant legal precedents to support or refute this.

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12244 Points Posted on 30 November 2020
It's debatable issue. on plain reading of provisions of section, it's taxable in the hands of daughter
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On 30 November 2020 at 23:47
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Cost Accountant
30 Points Posted on 01 December 2020
Thanks.... for your quick response. is there any legal precedence in your notice?
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On 01 December 2020 at 17:04

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