Income tax: Can a member make gift to the HUF without any tax liability?

Felaket

New member
Income tax: Can a member make gift to the HUF without any tax liability? The threshold of ₹50,000/- in aggregate applies to gifts received by an individual or an HUF during one financial year and where the aggregate of the gifts received during the year exceeds this threshold of ₹50,000/- whole of the amount becomes taxable in the hands of the recipient
 
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