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Taxability of gifts to relative

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(Querist)
21 February 2018 What is the taxability of cash gift of Rs.10 lacs received from elder brother (received through cheque in bank account)
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RAJA P M

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RAJA P M (Expert)
21 February 2018 No more Tax liability. Just prepare a Gift Deed.
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Raj

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Raj (Querist)
17 March 2018 Thankyou Sir
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Raj

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Raj (Querist)
17 March 2018 Thankyou Sir

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