Poonawalla fincorps
Poonawalla fincorps

Transfer of salary

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 December 2017 Is there any tax implication in my father's hand if my brother transfer his portion of the salary in my father's bank account every month?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
06 December 2017 No tax implications it will be considered as gift.

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