Tax implications on gift


This query is : Resolved 

(Querist)
04 September 2017 Rs200000 gifted by father to son on marriage..tax implications
>father
>son

sivaram (Expert)
04 September 2017 Gifts from relatives on occasion of marriage is not taxable

Anurag Rai (Querist)
11 September 2017 Whether amt. gifted will be taxed for father

sivaram (Expert)
12 September 2017 father is covered under definition of relative he can gift to son on his marriage son is also covered under the definition relatives gifts given by relatives on the occassion of marriage is not taxable in the hands of father and also to son


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