gift from huf member is taxable

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Any gift from huf memeber received excess of 50k is taxable or not
Replies (5)

Gift to HUF by any of its member is tax-free.....

if I am karta then my father become it's member or not

How can your father be member of your HUF?

yahi to Mai janana chata hu sir

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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