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![HUF can’t be treated as a ‘Donor’ of Gift for the purpose of S. 56(2)(vii): ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/04/Gift-Taxscan.jpg "HUF can’t be treated as a ‘Donor’ of Gift for the purpose of S. 56(2)(vii): ITAT [Read Order]")
HUF can’t be treated as a ‘Donor’ of Gift for the purpose of S. 56(2)(vii): ITAT [Read Order]
The Ahmedabad bench of ITAT in the case of Gyanchand M. Bardia versus Income Tax Officer wherein ruled that HUF does not come under the specified...