Please Help: Gift from HUF
Posted Date : 12-Dec-2011 , 05:06:43 pm | Posted By subhash jain
Can Karta of HUF can make gift to one of the member of HUF, who is also his son?
Category : Income Tax | Answers : 1 | Comments : 4 | Hits : 575
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
Vikas Kundu
13-Dec-2011 , 08:48:50 pmHe can without any tax implication. see section 56(2)(vii)
Vikas Kundu
13-Dec-2011 , 08:49:42 pmHe can, without any tax implication. see section 56(2)(vii)
Vikas Kundu
13-Dec-2011 , 08:49:42 pmHe can, without any tax implication. see section 56(2)(vii)
Vikas Kundu
13-Dec-2011 , 08:49:44 pmHe can, without any tax implication. see section 56(2)(vii)