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It on gift

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(Querist)
25 January 2019 I have gifted Rs 5 lakh to my unmarried daughter ( over 18 year) My mother has also gifted Rs 3 lakh to her(grandmother to granddaughter).she is earning interest from this money in bank FD. In whose income shall the FD interest be accounted.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
25 January 2019 Your daughter is major so account it in her account
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