Amount as a gift
This query is : Resolved
16 May 2015
Suppose I Receive rs.200000 from my father as gift. Will income tax dept. ask my father from where he bring that money ? Or I have clear from where my father bring that money ?
16 May 2015
The IT Dept will ask you the PAN No of your father, status of IT return filing and source of your father's income.
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