Gift by huf
This query is : Resolved
22 January 2016
Whether a Hindu Undivided Family can give gift in cash or kind to a relative as defined in Sec 56(2) .If yes,who is called relative???
22 January 2016
Dear Gajendra
A HUF can not gift anything to any person even the relatives.
As gift made by HUF are void ab initio.
A HUF can not gift anything to any person even the relatives.
As gift made by HUF are void ab initio.
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