Gift to daughters
otplaccts pvtltd (24 Points)
27 April 2021
treat of gift to daughters (maaried) any limitations as per income tax
3 Replies
CA. Sourav Sarkar
(Chartered Accountant )
(24588 Points)
Replied 27 April 2021
Not taxable as gift to daughters comes under relatives
Lotus Agrawal
(Practice)
(1361 Points)
Replied 27 April 2021
No limitation on gift to daughter. (married or unmarried both)
Nishita Bhad
(7 Points)
Replied 29 April 2021
Daughter is covered under definition of relative and so it is not taxable
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