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

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