gift from huf member is taxable
Divyansh Mishra (51 Points)
17 March 2018
Any gift from huf memeber received excess of 50k is taxable or not
5 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178029 Points)
Replied 17 March 2018
Gift to HUF by any of its member is tax-free.....
Divyansh Mishra
(51 Points)
Replied 17 March 2018
if I am karta then my father become it's member or not
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178029 Points)
Replied 17 March 2018
How can your father be member of your HUF?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178029 Points)
Replied 17 March 2018
HUF is defined under the Hindu Law as a family that consists of all persons lineally descended from a common ancestor, including wives and unmarried daughters.
Recent Topics
- Interest and penalty on advance tax shortfall
- Joint Account with 3 legal heirs.......
- TCS adjustment
- GST audit and scrutiny
- GSTR9 Table 8 - 8A and 8B difference is 4D(1). in
- Eway Bill query for inter state
- Taxability of income in USA of resident oci holder
- Clarity regarding Sec 16(4)
- GST ON HOTEL ROOMS details
- Relief for Delayed Filing of Tax Forms
Related Threads
CAclubindia
