If I transfer rs. 25 lacs online from my bank a/c. To my daughter bank a/c.
Will this transaction bank need to report to IT department or not.
If yes, how this transaction will show in AIS Or 26aS.
Thanks
If I transfer rs. 25 lacs online from my bank a/c. To my daughter bank a/c.
Will this transaction bank need to report to IT department or not.
If yes, how this transaction will show in AIS Or 26aS.
Thanks
But my daughter is adult. She is not minor.
So, how income will be clubbed.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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