Hello Members,
I have a question for Gift Definition as per Income tax act/rules.
Details of Family Member
X - individual tax payer (Salarized Person) - Female
Y - Husband of "X" - (Job less Person & So don't file any ITR now)
A - Father in law of "X" - (Reguler Filled ITR-3)
B - Smaller Brother of "A" - (Salarized Person Filed ITR - 1)
C - Wife of "B" - (Reguler Filled ITR-3)
Now My Question was Can Person A,B & C gift some amount to person "X" through chq ?
If No than any other way to gift a amount ?????
B -