gift from huf member is taxable
Divyansh Mishra (51 Points)
17 March 2018
Any gift from huf memeber received excess of 50k is taxable or not
Divyansh Mishra (51 Points)
17 March 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(161303 Points)
Replied 17 March 2018
Gift to HUF by any of its member is tax-free.....
Divyansh Mishra
(51 Points)
Replied 17 March 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(161303 Points)
Replied 17 March 2018
How can your father be member of your HUF?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(161303 Points)
Replied 17 March 2018
HUF is defined under the Hindu Law as a family that consists of all persons lineally descended from a common ancestor, including wives and unmarried daughters.
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