Gift from huf to member - exempt?

This discussion clarifies whether a gift of ₹100,000 from a Hindu Undivided Family (HUF) to its member is taxable. The consensus is that such gifts are generally not taxable due to the relationship defined by the Income Tax Act. It also touches upon the documentation needed for interest-free loans from a Karta to their HUF and how any gains are clubbed with the Karta's individual income for tax purposes.