Filling inocme tax return with majority of income is from gift
Udaykumar Patil (Manager) (22 Points)
18 December 2016Udaykumar Patil (Manager) (22 Points)
18 December 2016
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(182355 Points)
Replied 18 December 2016
Yes, but Gift deed is must for proving your stand in case of enquiry. Also note that such amount should be through banking channel. Authentic capacity of the donor may be questionable. In such time any back dated gift deed would be more susceptible.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Survey, Search and Seizure under Income Tax Act 1961