Tax Management India. Com
                            Law and Practice: A Digital eBook ...
TMI - Tax Management India. Com
Case Laws Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Manuals News SMS Articles Highlights
        Home        
 
 
Discussions Forum
Home Forum Income Tax This
A Public Forum.
Anyone can participate to share knowledge.
We acknowledge the contributions of Experts/ Authors.

Submit new Issue / Query

← Previous Next →

Gift from HUF, Income Tax

Issue Id: - 113445
Dated: 1-3-2018
By:- DK AGGARWAL
Gift from HUF

  • Contents

Sir

1---We have an HUF and wish to gift some an amount by cheque to its member in his individual account.

Is it allowed and NO gift tax applicable being gift to relative ?

2---Father is having HUF with son and wish to gift an amount to the HUF of his SON that is gift from HUF to HUF. Is it allowed and not subject to Gift tax ?

Please respond

D K Aggarwal

Post Reply

Posts / Replies

Showing Replies 1 to 1 of 1 Records

1 Dated: 4-3-2018
By:- MARIAPPAN GOVINDARAJAN

In my view it is not allowed.


1

Post Reply

← Previous Next →
Discussion Forum
what is new what is new
 


|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.