Easy Office
LCI Learning

Tax benefit if gift is given to mother

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
06 September 2012 Dear Sir,



Sir,is there any clause for my family,so that i can give money to one of my family member and i can get exemption under that clause
Waiting for your keen and positive reply as soon as possible
From Sandeep Verma
Profile Image

CA AYUSH AGRAWAL

Profile Image

CA AYUSH AGRAWAL (Expert)
06 September 2012 Gift is Exempted in Hand of Your Mother.

and Income Also Earned From That Not Clubbed in Your Income.
Profile Image

SANYAM ARORA

Profile Image

SANYAM ARORA (Expert)
06 September 2012 Agreed & No exemption or deduction under any section will be given to you under I.T Act
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Live Budget News and Updates

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links