Gift to mother

Anurag (service) (24 Points)

03 August 2019  

Sir, If I gift money to my mother through bank account transfer (or cheque) then for tax purpose do I need to maintain any document for this ? Or the bank records are sufficient to answer any future income tax scrutiny ?

My mother is planning to use this amount for senior citizen FD. I understand that clubbing provision doesn't apply when money is gifted to parents.

Thanks.