If son has received credits in his savings account from his father residing and earning in abroad, whether it needs any mention in ITR of son?
Please advise.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(170108 Points)
Replied 13 August 2018
Yes........ better to declare as gift under 'schedule EI'
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)