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Gift by HUF to member's HUF

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(Querist)
30 April 2023 Can a HUF make a gift to its member's HUF ?
eg. Father's HUF wants to make a gift to his Son's HUF ?

It is exempt ?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
30 April 2023 Yes, it's exempt.....

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