Our family three members gifted amount to my mother and my mother purchased a house in ready cash mode . is it possible to claim tax rebate for my family .kindly how much rebate we can claim ( each person) . 2) as my mother invested amount in flat is it possible to claim tax rebate gifted amount 10 L per head total 30lakhs to my mother purchased a flat for the same amount in my mother my mother name ( 30lakhs)
we all IT assesse from 2009-10
CAclubindia
