Huf

This query is : Resolved 

27 December 2013 Can HUF make gift to its members

27 December 2013 Hi

Yes HUF can gift to its members!

Thanks//VaibhavJ

27 December 2013 Pl refre:

http://mukeshpatel.in/save-tax-the-smart-way/huf-gifts-now-free-from-tax/


Thanks


27 December 2013 Yes, its amended,
HUF can Gift to its members...

03 October 2021 By the basic constitute of HUF, HUF can spend any amount on well being of family and or its members; but do not gift to its members. Though there are controversial views. but as per IT act it is taxable.



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