30 March 2012
Can a Brother incurs marriage expenses on the occasion of his Sister's Marriage from his own source either in cash or through Bank payments.Moreover what's treatment for the same in his return from the I.T. point of view. or alternatively first he gifts to his Father through Bank Cheque & then Father incurs such marriage expenses for his daughter.
Now query is which one is more preferred option from Taxation point of view.
30 March 2012
There is no such option in return to show marriage expense and any way it will not be allowed as deductible expense against income offering for tax.
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