income from other source
This query is : Resolved
17 June 2009
Q1. can HUF make a gift?
(a) If yes
(i) can huf make a gift to individual?
(ii)can huf make a gift to huf?
Q.2 can brother`s wife make a gift to the brother`s wife?
plz make it fast
ya ratan is right for the next Q brother`s wife can make a gift to the another`s brother`s wife?
(a) If yes
(i) can huf make a gift to individual?
(ii)can huf make a gift to huf?
Q.2 can brother`s wife make a gift to the brother`s wife?
plz make it fast
ya ratan is right for the next Q brother`s wife can make a gift to the another`s brother`s wife?
17 June 2009
Hi,
HUF can make a gift to individual. Huf can also give gift to another HUF. Your 2nd question is confusing. Brothers wife can make a gift to another brothers wife.
HUF can make a gift to individual. Huf can also give gift to another HUF. Your 2nd question is confusing. Brothers wife can make a gift to another brothers wife.
17 June 2009
agree with Ratan for Q-1 and as far as other question is concern MAKE IT CLEAR
17 June 2009
if huf gifts more than 50000 than it will be taxable as in the definition of relative huf is not covered.
17 June 2009
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Query Regarding on TDS section 194H and 194J
- Fixed Deposit Claim Relinquishment by the Nominee
- NR GST NUMBER
- ITR 6 Schedule CFL and UD Issues
- From 15CA for remittance by domestic travel agent by to Foreign Destination Management Company.
- TDS RATE ON RENT PAID TO NRI
- Not a CA , can we prepare balance sheet
- FREELANCING ACCOUNTANT
- GST Form ADT-02
- For REQUIRE INDIVIDUAL GST
- Query reg: Accounting standard, Indian Accounting Standard, IFRS, GAAP, Cost Audit, Frontend audit
- GST Refund SB005 Error
- PAYMENT TO OPEN AI AND ENVATO ELEMENT
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
