If bhanja give gift to mama whether taxable to mama and if taxable then can he give to his mother and then in turn mother give to brother whether there will be any objection in that from taxation point
Sport Classic (32 Points)
12 July 2023If bhanja give gift to mama whether taxable to mama and if taxable then can he give to his mother and then in turn mother give to brother whether there will be any objection in that from taxation point
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177852 Points)
Replied 12 July 2023
1. No. It would be taxable.
2. That way possible ...Exempted both transactions.