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Filling inocme tax return with majority of income is from gift

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Hello, Still 2 years back my wife was house wife with no income as such.Since last year 2015-2016 till now she is working and her salaried income was 50,000 per year.Till now she has not filed income tax return. a) In financial Year 2015-2016 he father gave her amount around 1.50 lak as gift but no gift did is done.So her income was around 2lak in year 2015-2016 hence we didn't filed income tax return. b) In financial Year 2016-2017 he father again gifted her around 2lak.So for financial year her income was around 3 lak out which 2 lak was gifted by her father. We want to know do we need to file income tax return for financial year 2016-2017 since total income is including gift is around 3 lak. Thanks with regards Uday
Replies (1)

Yes, but Gift deed is must for  proving your stand in case of enquiry. Also note that such amount should be through banking channel. Authentic capacity of the donor may be questionable. In such time any back dated gift deed would be more susceptible.


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