how much transfer Amount by Bank transfer ?Amount of Limit ?
sir , Can I Transfer as Gift Rs.16 Lacs to my daughter or my Sister's Daughter? It is Taxable Amount
?
1 Replies
ANIL KUMAR KHETAN
(PROPRIETOR)
(542 Points)
Replied 18 October 2022
Not taxable due to gift given to your relative as define in income tax act for pupose of gift
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