tax free gift
Binod Kumar Jain (17 Points)
15 April 2019
gift from daughter in law is tax free gift in hand of father in law
1 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(185339 Points)
Replied 16 April 2019
Yes, [Inference explanation given under sec. 56(2)(x), wide clause (v) read with (vii)]
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