Gift
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 May 2012
dear sir
i want to know a gift from chachera brother/sister and mausera brother/sister is exmpted as per i.t.act
they are comes in difination of relative as per i.t.act
harish thakkar
i want to know a gift from chachera brother/sister and mausera brother/sister is exmpted as per i.t.act
they are comes in difination of relative as per i.t.act
harish thakkar
28 May 2012
No it is not exemted and is taxable in the hands of the assessee.
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