WHETHER GIFT RECEIVED FROM FATHER IN LAW (WIFE'S FATHER) IS EXEMPT UNDER INCOME TAX ACT.
Gifts from relatives
Ashwini (ARTICLE ASSISTANT ) (195 Points)
23 September 2016
Saloni
(Final student)
(40 Points)
Replied 23 September 2016
supriya
(Student CMA)
(58 Points)
Replied 23 September 2016
FCA surbhi jain
(FCA)
(897 Points)
Replied 23 September 2016
Father in law is a relative u/s 56. Thus gift from him is exempt.
sravan
(ca)
(28 Points)
Replied 24 September 2016
RITESH ATREJA
(STUDENT)
(35 Points)
Replied 25 September 2016
is gift deed is required for accepting gift ?
Saloni
(Final student)
(40 Points)
Replied 26 September 2016
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