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Gift income

This query is : Resolved 

14 April 2014 Dear all

my client receive gift income of rs 60,000 by cheque from father.
this income is clubed in son income and where show this income.....



14 April 2014 it is not to be included in the son's income.

14 April 2014 Thanks nikhil sir.....
where this income clubed

14 April 2014 income is clubbed in the hands of the giver...not in the hands of the receiver (in case of relatives)

15 April 2014 income from gifted money will include in donor income


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