money received from father & mother in law



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



CA R SEETHARAMAN (Expert)


Click to Talk 12 July 2018
Gift from relative not taxable.


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