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I got 50000 as share from the income of my HUF...

I got 50000 as share from the income of my HUF, Is it taxable?

I got 50000 as share from the income of my HUF, Is it taxable?

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Jeeba Lal Jun. 13, 2018

No,
Section10(2) states that share received by a member of HUF shall be exempted from tax. Therefore, you are not required to pay tax on this income.

I got 50000 as share from the income of my HUF, Is it taxable?

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