Gift provisions u/s 56(2)(10)
Mradul Pareek (10 Points)
27 January 2019
Whether tramsfer of property to brothers wife will be taxable as gift and also clarify on clubbing provisions.
Mradul Pareek (10 Points)
27 January 2019
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(171344 Points)
Replied 27 January 2019
Gift received by brother's wife from brother/sister of husband is not taxable.
No clubbing of income applicable in this case.
RAMAKRISHNAN R
(INCOME TAX OFFICER)
(1736 Points)
Replied 28 January 2019
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
CAclubindia
