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Gift from individual to huf

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(Querist)
14 February 2021 Sir,
If the individual can gift money to huf.purposes is to transfer interest income from individual account to huf.
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
14 February 2021 Then also such sum is taxable due to clubbing provisions.
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Dhirajlal Rambhia online

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Dhirajlal Rambhia online (Expert)
29 November 2021 CORRECT. YOU CAN TRANSFER JUST LESS THAN 50,000/- EVERY YEAR!!!
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