Gift
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 September 2017
Dear Experts,
Can a person gift to the son of nephew is taxable or not?
Can a person gift to the son of nephew is taxable or not?
22 September 2017
Nephew's son is not defined as a relative in IT Act. Gift is fully taxable
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