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

Tax queries 605 views 1 replies

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


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