HUF receives Gift from its Karta, whether taxable???

If HUF receives gift from its Karta, whether its taxable or not???

 

If possible please provide reference to act and case laws.

Replies (1)

Hi

It is taxable. Read this link.

 

https://taxclubindia.com/forum/viewtopic.php?f=16&t=105

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register