Cash gift from maternal uncle

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Lamber Ranjeet (Querist)
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11 October 2020 For cash gift from maternal uncle in excess of 50000 , I believe comes under exempt income in ITR to be disclosed under EI section while filling Returns however will a typed letter signed by the donor and donee be sufficient proof for IT purposes or should it be notarized ? And if the donor is a non resident will it have a different treatment?

CA PARTH SHAH

CA PARTH SHAH (Expert)
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12 October 2020 Better have a proper documentation of Gift Deed as faceless assessment has been started and now only documentary evidence will be considered valid during assessement.

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