Transfer of Stocks/Shares from Karta to HUF

Hi All,

Can Karta or any member of the HUF transfer his shares to the HUF? If yes, What are things to be kept in mind for such transaction from regulatory or taxation perspective.


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@mohitmehra can you.

Any member of the HUF (including the Karta) can gift shares/property to the HUF. Receiving the gift is not taxable at the hands of the HUF. However, since this is a very general view, you should consult your CA to understand any ramifications which might be pertinent in your situation.

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Can HUF get gift of stocks from non HUF member like parents of karta?