SON BOOKING FLAT RS, 15,00,000/- BUT HE WAS PAID ONLY 250000/- REMAINING 1250000 PAID BY FATHER AND FLAT REGISTERED HUSBAND AND WIFE 1/2 SO DAUGHTER IN -LAW WRITE IN HER BOOKS OF A/C
FLAT A/C DR 75000 TO GIFT FORM FATHER IN LAW 750000
IS IT CORRECT OR NOT AND ITS ALLOWABLE GIFT RECEIVED FROM FATHER IN-LAW, PLEASE TELL