Section 56(2) Definition of Relative
VIGNESHWARI JAISANKAR (STUDENT) (30 Points)
10 July 2018
Gift received from brother in law's son through cheque is taxable or exempt?
1 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(185235 Points)
Replied 10 July 2018
If Gift received directly ........ taxable........
But if gift received via your BIL...... tax-free..
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