AFAIK, any funds remitted by karta or members of HUF are gifts from relatives (of HUF) hence the funds in itself are not liable to taxes. However any income accruing on the same shall be clubbed in hands of transferor. However, for HUF, any person other than the karta or members isn’t a relative and hence any gifts received from them up to 50k are tax free without clubbing provisions and above 50k shall be Taxable under income from other sources at Slab rates applicable to huf without clubbing provisions.
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