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Gift and 269ST

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95 Points Posted on 12 July 2021
If i transfer two transactions at Rs. 190000/ - to my father on different dates as gifts, Can we do it? or what is the provision regarding cash donation to relative?
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On 12 July 2021 at 16:31 Report
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CMA
13117 Points Posted on 12 July 2021

If these can be considered as 2 different events, then no violation u/s 269ST I think.

92 Reply
On 12 July 2021 at 16:59
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372 Points Posted on 12 July 2021
Cash transfer to close relative exempt i think
2 Reply
On 12 July 2021 at 18:03
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STUDENT
1631 Points Posted on 14 July 2021
A gift to father -Exempt

But 269ST -Up to 2 Lakh /Year through cash allowed.

Then no offence.
3 Reply
On 14 July 2021 at 02:59


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