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If father gifts an amount to the HUF of his son , then what shall be tax treatment of such transfer for both?

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If father gifts an amount to the HUF of his son , then what shall be tax treatment of such transfer for both?

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  1. read about gifts and gift taxes

    http://mytaxes.in/index.php?topic=19.0


  2. Is this a Gift? If yes, there is no tax at all. But do have some proof in terms of a letter or the like from the father stating that this is a gift.
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