1.it assess cash gift from parents rs:1 +1 total rs:2 lacs *5 times different dates through on online mode received one financial year.
2. joint loan from bank rs:10 lacs.
question:
1.assess cash gift from parents 5 different dates accepted in it act
2.joint loan from bank assess how much amount show procedure in books.
1. Not taxable
2. Full amount should be shown
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