GIFT(clubbing)

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Querist : Anonymous

Querist : Anonymous (Querist)

09 September 2010 What if a minor child receives a cash gift of more than Rs 50000?

Aditya Maheshwari (Expert)
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09 September 2010 clubbed in the hands of the parent u/s 64.

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Querist : Anonymous

Querist : Anonymous (Querist)

10 September 2010 Whether after allowing deduction of Rs 1500?

Aditya Maheshwari (Expert)
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11 September 2010 Yes it will be allowed.

Querist : Anonymous

Querist : Anonymous (Querist)

29 September 2010 THANK U SIR

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