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Gifts from Hindu Undivided Family are Taxable as 'Income from Other Sources' u/s 56(2) of Income Tax Act.

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....Receipt of Gift from HUF - income from other sources - whether HUF comes under the term ‘group of relatives’ defined u/s 56(2)? - Held Yes - Receipt of Gift from HUF - income from other sources - whether HUF comes under the term ‘group of relatives’ defined u/s 56(2)? - AT....

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