Hello all,
My friend want to transfer 200 CAD(Canadian dollar) to me . how can he transfer without attracting any tax liability?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178371 Points)
Replied 08 December 2021
No other way. If you get gift from any 'Relative', it would be tax free, but not directly from any friend.