CASH GIFT FROM FATHER EACH AMOUNT 1 LACS ACCEPTED
This query is : Resolved
28 July 2022
SIR,
It assessee cash gift from father rs:1 lacs each month * 12 months total rs:12 lacs through on cash mode received.
Question:
Assessee above transactions in it act.
It assessee cash gift from father rs:1 lacs each month * 12 months total rs:12 lacs through on cash mode received.
Question:
Assessee above transactions in it act.
28 July 2022
According to sec. 269 ST of IT act, not allowed to accept gift from same person, for same event, for Rs. 2 lakhs or more.
Get gift/s by banking mode..
Get gift/s by banking mode..
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