Gift given in blood relation
This query is : Resolved
12 November 2015
Dear Experts,
Plz clarify, weather gift given in blood relation will exempt in the hand of Gift receiver or not,
Regard
Vishal Tomer
Plz clarify, weather gift given in blood relation will exempt in the hand of Gift receiver or not,
Regard
Vishal Tomer
12 November 2015
Yes it is exempt in the hand of receiver.
12 November 2015
in the hands of GIVER also, no tax implications.
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