Gift to son-in-law
virag (Account and Tax consultant) (115 Points)
13 March 2019Whether gift received from parent-in-law to son-in-law is taxable or not?
Thanks in advance.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(166722 Points)
Replied 13 March 2019
Tax free as from relative, as per IT sec. 56(2)
Live class on PF & ESI Enrollment & Returns Filing(with recording)