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Huf

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(Querist)
25 March 2012 Whether my father can give gift to my HUF, whether clubbing provisions are attracted in this? please reply asap?
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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
26 March 2012 Yes your father can give gift to your HUF but the Gift deed should be drafted in such a manner that the gift is actually given to HUF. No clubbing provisions as stated u/s 64 will attract

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