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Cash gift

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(Querist)
29 August 2014 Upto How much amount father can give his son gift in cash??



plzzz reply urgent
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
29 August 2014 There is NO limit on the CASH gift a person can give to his son.
However the person (father) should be able to substantiate the source of such income

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