WHETHER A SITE GIFT FROM WIFE'S FATHER Rs.1967000(value of document) is exempt or not
3 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178430 Points)
Replied 24 September 2016
If its GIFT DEED without payment of any single penny, then the site is tax exempt to son-in law.
Vishal Goel
(Chartered Accountant)
(1688 Points)
Replied 07 December 2016
Hello,
What is Site gift ??
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