Gift

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

16 April 2014 after married brother can give gift to her sister? around Rs.1 lac or more in cash?

Querist : Anonymous

Querist : Anonymous (Querist)

16 April 2014 pls. share the detail of gift rule of before 2009 and after 2009

Nikhil Kaushik (Expert)
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16 April 2014 irrespective of the year, gift to sister remains non-taxable.

Sandeep Dharar (Expert)
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16 April 2014 Since sister falls under relatives category hence it is not taxable..

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