Creation of HUF
amit jain (banda) (68 Points)
14 October 2018
PARAS CHHAJED
(CA Practice )
(1019 Points)
Replied 14 October 2018
A memebr of HUf may gift his individual proeprty to Gift without having to pay any tax by HUF of Gift so recceived. However, any income arising out of that propertty to HUF shall be subjected to clubbing provisions and will be clubbed with the income of the individual donor.
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)