hi
please tell me where to show gift received from relative in
ITR3
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gift received from relatives
Replies (8)
Disclose u/h of IFOS
Should not be disclosed in ifos. It should be added to the capital account
hi
it's a no account case, still do i need to mention the amount somewhere??
it's a no account case, still do i need to mention the amount somewhere??
Which type of gift?
gift from father or mother amt less than 50k
less than 50k is not an issue. u need not about this
Gift from relative is a capital receipt and not income. Nowhere it's to be shown in ITR
thank u so much sir
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