Good Morning everyone
One of the client received some amount to her account from her Husband grandfather. Is it taxable?
Can we treat this as Gift?
Menu
Gift from Husband grandfather
Replies (2)
Not taxable
Exceptions of gift act. any gift received from blood relation is not taxable.
Recent Topic
- Gift recd from brother
- How to show Loan write off in DPT 3?
- Form 10E and Salary arrear
- LTCG U/S 54F. Sale of property plus sale of share
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
Related Topics
CAclubindia
