Gift by cheque by sister to sister
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 July 2016
Sir 's
Please advise that a sister give any amount by cheque to another sister as gift and what is limit of the gift paid to blood relation person
Thanks
Please advise that a sister give any amount by cheque to another sister as gift and what is limit of the gift paid to blood relation person
Thanks
15 July 2016
Yes any amount can be given to sister as gift. It will be exempt in the hands of donee.
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