Gift
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 April 2015
did mother-in-law can give gift to her son-in-law.it is taxable or not?
25 April 2015
Yes. Mother in Law can give gift to Son in Law without ant tax implication.
Also see below link--
https://www.caclubindia.com/forum/relatives-u-s-56-2-vii-from-whom-gift-is-permissible--98674.asp
Also see below link--
https://www.caclubindia.com/forum/relatives-u-s-56-2-vii-from-whom-gift-is-permissible--98674.asp
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 April 2015
what is the procedure if in a partnership,one partner out of two died in march and in place of the partner died his wife wants to take that position?
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