A NRI stays in canada, and he remits money in form of gift to his father in law.
is there any tax liability on son in law in india ? or any liability on father in law on the amount of gift received ?
Menu
Tax querry relating remitance
Replies (2)
There is not any liability on either son in law or father in law provided money gifted by son in law is white.
no tax laibility in your given case.
Recent Threads
- Change if place of business l
- Purchase from unregistered dealer garments busines
- TDS DEDUCTED BUT NOT PAID BY EMPLOYER
- GST RCM GTA
- TDS Challan interst amount wrongly paid as surchar
- Query on TDS & Stamp Duty
- Query on form 26QB and TDS deduction
- Received this confusing IT notice. How to reply
- Houston Sign Company For Custom Signs, Banners &am
- Refund due to change in GST Rate Tobacco Products
Related Threads
CAclubindia
