Can huf give gift to its membera

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Querist : Anonymous

Querist : Anonymous (Querist)

12 August 2018 Can huf give gift to its members.will there be any tax liability.pl advise urgently.

Nikhil Kaushik (Expert)
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12 August 2018 refer https://taxguru.in/income-tax/gift-received-from-a-huf-by-a-member-of-huf-is-exempt-from-tax.html

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