I received bank transfer of 2 lacs in my bank account from my brother.
whether it is taxable ?
also let me know whether it is necessary to disclose in itr?
What is the cause of the transfer of the amount?
Whether it is gift or loan?
In either case it is not taxable.
Disclosure in ITR depends...
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
