I am in 30 % tax bracket,
I want to transfer 30 lac to my mother who is 61 year of age(senior citizen) .so that she can invest in FD .
She is pensioner.
Kindly let me know is this possible to save tax on my side .
Dhiraj godghate (Others) (36 Points)
20 March 2015I am in 30 % tax bracket,
I want to transfer 30 lac to my mother who is 61 year of age(senior citizen) .so that she can invest in FD .
She is pensioner.
Kindly let me know is this possible to save tax on my side .
vijay singla
(learner)
(340 Points)
Replied 20 March 2015
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)