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sewa ram jain (executive engineer)     15 September 2014

Gift to huf

DEAR SIR, CAN FATHER MAKE GIFT TO HUF OF HIS SON MORE THAN 50,000/- P.A.



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 1 Replies

Laxmi Narayan Sharma (Advocate)     19 September 2014

No, it will be taxable as father is not the member of the HUF of his son


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