I want to create HUF for one of my client who just got married. I want to introduce around of Rs. 2 lacs as capital. Can I show whole amount as a gift received in marriage? If yes how can I show that in HUF deed?
RAHIL (ACCOUNTANCY) (247 Points)
13 January 2020I want to create HUF for one of my client who just got married. I want to introduce around of Rs. 2 lacs as capital. Can I show whole amount as a gift received in marriage? If yes how can I show that in HUF deed?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160322 Points)
Replied 18 January 2020
Get gift cheques from the relatives on the occasion and deposit it to HUF account..
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