Treat Marriage Day Gifts as HUFs Income?

Sukesh M R (11 Points)

30 June 2022  

Hello,

As per the rules, the gifts received on the day of marriage is non taxable without any limit.

These gifts are given by relatives and friends to both bride and groom, the bride and groom together form a HUF.

So, can these gifts received by the bride and groom on the marriage day be treated as an income for HUF (without any limit of the gifts received?)

Thanks in advance for helping in clearing the doubt!

Thanks