Dear All
Up to best of my knowledge, a HUF receiving gift from any person up Rs. 50000/- in a financial year is not taxable in hand of the HUF. Pls. Confirm.
Suresh Savaliya
9987091267
Menu
Gift by father to his son's HUF
Replies (2)
absolutely, there is no restriction on the person giving the gift as long as the amount does not exceed Rs.50000/-
Recent Threads
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
- TDS u/s 194J - training honorarium
- WHERE TO REGISTER UNDER PTRC AND PTEC ACTS ?
- Key Corporate Compliance Requirements for Private
- Gst Non Filling Return Notice
- GSTR 2B ( MULTIPLE MONTHS )
- Eway bill generation for export material.
- International Tax clarification UK.
- E way bill expired penalty
Related Threads
CAclubindia
