5 Replies
Sivaramaraju G
(Learner)
(2398 Points)
Replied 22 December 2020
sabyasachi mukherjee
(27574 Points)
Replied 22 December 2020
Inheritance from parents is not taxable.
But ,gift in excess of Rs.50000 is not taxable.
ayusmita
(Tax consultant)
(5885 Points)
Replied 22 December 2020
but interest you get after the person who give the FDR is taxable in your hand
but if you reinvestment it as per your own .... will be taxable in your hand
Krishna Chaudhary
(Accountant)
(4531 Points)
Replied 09 January 2021
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 23 January 2021
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