GIFT transactions one finicial year

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A it person cash gift transactions mentioned below in f.y. 20-21

Dt: 20-06-20 cash gift from sister rs: 10 lacs through on online mode

Dt: 21-06-20 cash gift to daughter rs:10 lacs through on online mode.

Question:

Assessee above mentioned gift transactions one finicial year  accepted in it act.

Replies (1)

Yes, online bank transaction mode, accepted, but make gift deed for confirmation.


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