10 August 2009
can someone tell me whether a gift from chacha /chachi/bua/phupaji or mama/mami/mausi/mausaji or bhatija or bhanja or brother in law saala or father in law or mother in law or husband or sister in law bhabhi is exempted. i know that it is exempted from brother, sister, father, son and grand father.
11 August 2009
chacha /chachi - NOT TAXABLE (NT) /bua/phupaji - NT mama/mami/mausi/mausaji - NT bhatija - Taxable bhanja - Taxable brother in law - NT father in law - NT mother in law - NT husband - NT (but clubbing provisions applicable) sister in law bhabhi - NT
CAclubindia
