Legal Opinion Required.....
Status :HUF
Querry: There is ABC (HUF).There are three generations in that HUF.Also each generation has its own HUF file.Can third generation as individual members give gift(money) to ABC(HUF).And is it exempt u/s56?
Please give your comments as soon as possible.
Vardhaman Group of India
Pimpri Chinchwad
CA Inter
View Details
Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
View Details
CAclubindia
