My father's HUF wants to gift me ₹10 lakh. Will I need to pay income tax?
HUF: The gifts received by members from the HUF is not tax-free in the hands of the recipient member as gifts from HUF to its members is not covered in the exception provided under Section 56(2)(x)
from mint - Money https://ift.tt/atofTKD
https://ift.tt/RCUMW1t
from mint - Money https://ift.tt/atofTKD
https://ift.tt/RCUMW1t
Comments
Post a Comment