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Taxable gift

Ritik Chopra (student) (8123 Points)

02 April 2021

Is gift from father in law taxable?

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4 Replies

CA. Sourav Sarkar (Chartered Accountant ) (24578 Points)
Replied 02 April 2021

No it is not taxable

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Kapadia Pravin (17249 Points)
Replied 03 April 2021

Not taxable but clubbing of income provisions would apply

CA Puja Sharma (Chartered Accountant) (4914 Points)
Replied 03 April 2021

No not taxable.

Ankit Neema (2742 Points)
Replied 11 April 2021

Not taxable

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