Cash capital

139 views 6 replies
kya father apne son ko cash m rs de sakte hai for business
Replies (6)
Yes it can
Yes he can provided source of income of father should be valid otherwise tax at 78% will levied
Cash m 7 lac diye ho aur vo money son ne bank m jama kara di to bi vaild h kya
Better deposit cash in father account and then transfer to son account by cheque.
Ok thanks
Yep Praveen is right.

what you should remember that father have a valid source of income, otherwise whole income will be taxable at the rate of 78 %


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register