Whether Gift in cash given to sister's husband and sister's son is exempt from income tax,
pl suggest
yes to both
7 Replies
CA Shikha Sharma
(Ceo)
(3869 Points)
Replied 26 April 2019
yes gift to relatives exempt I'm the hands of receiver
rama krishnan
(12239 Points)
Replied 26 April 2019
I think sister's son Will not come under relatives definition
Satish Kavitake
(389 Points)
Replied 26 April 2019
sir, is there any stamp duty charges for gift in cash
and similarly whether such gift is not unregulated deposits schemes which is banned under ordinance 2019
pl advise..
and similarly whether such gift is not unregulated deposits schemes which is banned under ordinance 2019
pl advise..
Satish Kavitake
(389 Points)
Replied 28 April 2019
thank you sir! whether such gift is like unregulated deposits schemes considered under banning of ordinance 2019.
and similarly whether stamp duty is require to pay on such gift..
and similarly whether stamp duty is require to pay on such gift..
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