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Tax applicability

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(Querist)
01 April 2013 dear experts,

if a father receives Rs 50000/- every month from his son who is working in Australia.Then what is the income tax applicability for both persons?
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CA. Anuj Gupta

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CA. Anuj Gupta (Expert)
02 April 2013 There should be no tax liability .

Anuj
femaquery@gmail.com
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sudhindra

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sudhindra (Querist)
04 April 2013
Father can add that son's amount to his capital as a gift from son?
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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
21 May 2013 Son is paying tax in Australia and after earning income he is sending gift to his father in India. So in India there is no tax on father as well son.

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