Suppose i am resident in india.
i am receiving 300000 rs every six month from my son from uae.
he is resident in uae and have TRC from UAE.
whether that is taxable in my hands or not?.
under which provisions?
Menu
cash gift received from uae from son
Replies (1)
Any receipt from your son, of the kind gift, from anywhere in world, is not taxable in your hand, whatever may be the amount; but advisable to be through banking channel.
Recent Threads
- TDS DEDUCTED BUT NOT PAID BY EMPLOYER
- GST RCM GTA
- TDS Challan interst amount wrongly paid as surchar
- Query on TDS & Stamp Duty
- Query on form 26QB and TDS deduction
- Received this confusing IT notice. How to reply
- Houston Sign Company For Custom Signs, Banners &am
- Refund due to change in GST Rate Tobacco Products
- Lease related query can we rent out lease ?
- Planning of Ceased a Business i.e Closure of Compa
Related Threads
CAclubindia
