Income tax on gift
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 December 2015
Can gift be taxable in the hand of receiver if it is received by brother sister of parents of individual?
Can gift be taxable in the hand of receiver if it is received by brother sister of parents of individual?
12 December 2015
It is exempted not taxable bring gift from relatives.
12 December 2015
https://www.caclubindia.com/forum/details.asp?mod_id=329427
Check out the file from above link. You will find the relevant details in page no 11.
Check out the file from above link. You will find the relevant details in page no 11.
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