HUF vis-a-vis Section 56
This query is : Resolved
25 March 2010
Dear Experts
Please enlighten the following query with your advice:
A HUF has received some cash gifts amounting to more than Rs. 50,000/= from the relatives of the Karta. Whether these gifts taxable or exempted
Best Regards
Kamal Garg
Please enlighten the following query with your advice:
A HUF has received some cash gifts amounting to more than Rs. 50,000/= from the relatives of the Karta. Whether these gifts taxable or exempted
Best Regards
Kamal Garg
26 March 2010
taxable
26 March 2010
Yes Taxable
27 March 2010
taxable
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