ITR 4 - Gift from mother


This query is : Resolved 

27 May 2026 Dear sir/madam
I recieved a gift from my mother through NEFT transaction, about 2000000 (20 lakhs), but i am trying to mention in ITR 4 (as im a professional), in Exempt income --> others. But i'm unable to find the column. It was there last year and i was able to document, but this year i'm unable to do so.
Kindly explain on how to do it and whether i need to do or not.

27 May 2026 He does not need to report it in ITR-4. He only needs to maintain a documented Gift Deed alongside his bank statements to justify the NEFT receipt if scrutinized. Alternatively, he can switch to ITR-3 if he insists on formal disclosure.


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