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Please Help: Gift from HUF

Posted Date : 12-Dec-2011 , 05:06:43 pm | Posted By: Subhash Jain

Category : Income Tax | Answers : 1| Comments : 4| Hits: 570

Can Karta of HUF can make gift to one of the member of HUF, who is also his son?

Answers:
   Answer by: AKHIL MAHESHWARI
Dear Subhash Ji, as rightly said by Vikas Ji, Karta can make gift to one of the member of HUF, without any tax implication. see section 56(2)(vii)....
Comments
Posted By : Vikas Kundu 13-Dec-2011, 08:49:44
He can, without any tax implication. see section 56(2)(vii)
 
Posted By : Vikas Kundu 13-Dec-2011, 08:49:42
He can, without any tax implication. see section 56(2)(vii)
 
Posted By : Vikas Kundu 13-Dec-2011, 08:49:42
He can, without any tax implication. see section 56(2)(vii)
 
Posted By : Vikas Kundu 13-Dec-2011, 08:48:50
He can without any tax implication. see section 56(2)(vii)
 

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