Two Gift transactions allowed

This query is : Resolved 
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This discussion clarifies that receiving and giving cash gifts multiple times within a financial year is permissible under UK tax law. The key is that all transactions must be conducted through official banking channels to be accepted. The expert confirms that there's no limit on the number of gift transactions you can make annually, even if they occur on the same day.

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(Querist)
05 June 2022 Sir,
It assessee cash gift from brother rs:10 lacs after cash gift to son rs:10 lacs pay same date through on online mode dt:20-11-21.
2.another date :20-03-22 cash gift from brother rs:10 lacs after cash gift to daughter rs:10 lacs pay same date through on online mode.
Question:
Assessess above mentioned two gift receipt and payment transactions one financial year accepted in it act.
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CA Rashmi Gandhi

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CA Rashmi Gandhi (Expert)
06 June 2022 There is no restriction of number of gift transactions made during the year. You can gift number of times in a year.
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
06 June 2022 YES, agreed with the expert. Moreover the same is allowed when gifted on same day/s. Need to be through any banking channels.
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