Tax benefit if gift is given to mother
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 September 2012
Dear Sir,
Sir,is there any clause for my family,so that i can give money to one of my family member and i can get exemption under that clause
Waiting for your keen and positive reply as soon as possible
From Sandeep Verma
Sir,is there any clause for my family,so that i can give money to one of my family member and i can get exemption under that clause
Waiting for your keen and positive reply as soon as possible
From Sandeep Verma
CA Ayush Agarwal
(Expert)
06 September 2012
Gift is Exempted in Hand of Your Mother.
and Income Also Earned From That Not Clubbed in Your Income.
and Income Also Earned From That Not Clubbed in Your Income.
SANYAM ARORA
(Expert)
06 September 2012
Agreed & No exemption or deduction under any section will be given to you under I.T Act
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