Gift tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 June 2012
Dear All,
Can an individual gives gift to huf or vice-versa and the same is taxable or not?
Can an individual gives gift to huf or vice-versa and the same is taxable or not?
20 June 2012
Yes One can gift to his owm huf and vice versa, upto Rs.50000/= only.
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