Whether Gift in cash given to sister's husband and sister's son is exempt from income tax,
pl suggest
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Gift given to relatives
Replies (7)
yes to both
yes gift to relatives exempt I'm the hands of receiver
I think sister's son Will not come under relatives definition
yes sisters son
sir, is there any stamp duty charges for gift in cash
and similarly whether such gift is not unregulated deposits schemes which is banned under ordinance 2019
pl advise..
and similarly whether such gift is not unregulated deposits schemes which is banned under ordinance 2019
pl advise..
no not unregulated deposit
thank you sir! whether such gift is like unregulated deposits schemes considered under banning of ordinance 2019.
and similarly whether stamp duty is require to pay on such gift..
and similarly whether stamp duty is require to pay on such gift..
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