Recently my mamaji has transferred 25 Lac to my bank account as gift.
will i have to pay tax on it?
Maninder Singh (17 Points)
20 April 2022
CA Aakarsh Jain
(CA)
(10216 Points)
Replied 20 April 2022
CA Puja Sharma
(Chartered Accountant)
(4874 Points)
Replied 21 April 2022
Yes, exempted under the Income Tax Act
shrawan choudhary
(132 Points)
Replied 22 April 2022
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