If a person gifted 10 lacs (cheque) to a relative and within a year he got bankrupt and court order to recover from his assets for payment of liabilities.
My question is whether court can attach gifted amount to relative even when it is stamped ?
Menu
Gift amount can be attach?
Replies (1)
Yes........
Recent Topics :
- LTCG on property sale
- Capital gains incidence due to bonus shares
- Amendment of Object Clause of Memorandum
- How Can I Request a Refund for an Accidental Airte
- TDS on salary paid in cash
- YEAR END GST ENTRY FOR RCM NOT PAID RS 5000 I.E OU
- Last Date To Fill ITR For Non-Audit Case
- Guidance Required on Filing Fresh Registration und
- IT Return Refund Status AY 2026-27
- Clarification Regarding Income Tax Demand Notice
Related Topics :
CAclubindia
