Hi,
I’m the karta of my HUF if I use zerodha gift share feature to transfer share to HUF account. 1. * Will the income from its profit or dividend be taxable to me under clubbing?
2. * If no, How much gift in terms of share can I transfer to HUF in an year? (Please tell in value as it gift are taxed > Rs 50000) can I transfer more?
3. Also how much can I wire to my HUF account as a gift ? Is it less than Rs 50000.
4. Can My parents transfer money as gift to my HUF account ? if yes how much?
@Quicko Please guide eagerly waiting answer .