Huf
This query is : Resolved
28 April 2014
gift received by huf from relatives will be exempt or taxable
28 April 2014
HUF relative means members of HUF. And any gift received from any member of HUF is exempted.
28 April 2014
hi what about gift received from spouse sister.
28 April 2014
Gift recd from other than member of huf is taxable .
28 April 2014
thanks for reply Sanat.
28 April 2014
Harshit/ Sanat,
please refer [2013] 33 taxmann.com 483 (Ahmedabad - Trib.) for an alternative opinion.
please refer [2013] 33 taxmann.com 483 (Ahmedabad - Trib.) for an alternative opinion.
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