SIR,
PLEASE CLEAR MY DOUBT WHETHER HUF CAN GIVE CASH/CHEQUE GIFT TO ITS KARTA OF ABOUT 80% OF ITS PROPERTY
OR
WHETHER HUF CAN GIVE CASH/CHEQUE GIFT TO ONE OF ITS COPERCENERS ABOUT 80% OF ITS PROPERTY
WHAT WILL BE THE TAX IMPLICATIONS AND OTHER MEMBERS RIGHT IN BOTH CASE
PLEASE REPLY URGENT
CAclubindia
