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Querist : Anonymous

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Querist : Anonymous (Querist)
02 August 2015 If any person receives any cash or cheque from his/her father in law according to their father in law's will, is there any taxability on this and under which section?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
02 August 2015 It is not taxable as gift from relatives is exempted.

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