Can FIL take money from DIL 40 Lac thru bank. DIL money source business. FIL gave Capital and help

CHANDER KANT AZAD (PROPRIETOR) (48 Points)

24 December 2021  

Can father in law take money Rs 40 Lac from daughter in law (through banking channel) without any tax liability. Source of money is her business income after marriage. Fatther in law supported her with Full Capital and physical help in business.