Gift by cheque by sister to sister

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 July 2016 Sir 's
Please advise that a sister give any amount by cheque to another sister as gift and what is limit of the gift paid to blood relation person

Thanks

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
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15 July 2016 Yes any amount can be given to sister as gift. It will be exempt in the hands of donee.

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