Gift deed for amount received by DD
anup (trainee) (89 Points)
21 July 2020Now, while filing IT returns, will I be charged any tax? What if I make a gift deed for the amount? Can I upload it on the website while filing returns? If so, what is the prescribed format for the deed?
Additional info- I, her son, am a State govt employee in Goa. My income is not taxable yet. My father, is an agriculturist.
Your guidance will be appreciated.
Thanks