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Gift given by huf
Can an HUF Gift movable/immovable property valued at more than 50,000/- to any of its coparcener?
Can the entire corpus of the HUF be gifted to the respective coparceners?
Replies (1)
any gift to other members of d Huf it is fully exempt whether 50000 exceed or not, because all members falls within the definition of relative
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