Gift Income
Akash Agarwal (Book Worm, Student) (65 Points)
31 July 2018Spouse is not yet filing her own Income Tax Return.
Amount transferred is more than 4 lakh rupees.
Akash Agarwal (Book Worm, Student) (65 Points)
31 July 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(170471 Points)
Replied 31 July 2018
Yes, but better would be transfer the Gift amount first by Cheque ...... and then close the said account, may be by cash receipt of balance amount.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)