Menu
Gift Amount by Relative
sir , Can I Transfer as Gift Rs.16 Lacs to own (not cousin) my sister's daughter and my daughter? it can taxable this Amount?
Replies (1)
The gift/s will not be taxable as 'gift received from relatives' u/s. 56(2) of IT act...
Recent Topics :
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
- Regarding 3CEB query
- Omitted E-Commerce Sales Reported in Table 14 but
- Omitted sales shown in GSTR-1 Table 14 but not in
- EWAY BILL TAKE OUT OF OTHER COMPAMY
- Penalty & late fee for late ITR filing
- Business discontinued as Government took possessio
Related Topics :
CAclubindia
