Gift from HUF on Marriage time
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 January 2011
Sir,
A person reced gift from his grandfather HUF after one and half month of his marriage.
above gift raised any tax liability, explain me
person want to be recd the gift after marriage now
A person reced gift from his grandfather HUF after one and half month of his marriage.
above gift raised any tax liability, explain me
person want to be recd the gift after marriage now
30 January 2011
Yes the gift is fully taxable.
Guest
Guest
(Expert)
30 January 2011
Please clarify whether gift transaction is already over or it is to be done now after marriage.
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