Explaination about the Credits from Relatives
This query is : Resolved
12 July 2025
Dear Sir,
While submitting an ITR if an Assessee is in receipt of Funds from siblings getting reflected in Bank Statements then where to mention such credits while submitting an Income Tax Return an Assessee is a Salaried Employee, kindly advice.
Warm Regards,
Aditya Ghatge
While submitting an ITR if an Assessee is in receipt of Funds from siblings getting reflected in Bank Statements then where to mention such credits while submitting an Income Tax Return an Assessee is a Salaried Employee, kindly advice.
Warm Regards,
Aditya Ghatge
13 July 2025
Show it in exempt income schedule under gift from relatives.
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