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money received from father & mother in law

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 July 2018 Dear SIr
Can u explain Money Received from Father Rs. 25000/-& Mother In Law Rs. 180800/- As Gift/ Loan
it is taxable or not
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
12 July 2018 Gift from relative not taxable.

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