I like to know whether my mother can give amount to my brother in law as gift. He is living in canada and he want some money for his house buying and I don't have money to pay but my mother have some money to pay.
Menu
Gift to my brother in law
Replies (3)
Quick Summary
Yes, she can do with reference to section 56(2) (x)
No not blood relation
Not a relative
Recent Topics :
- Due date for itr 5 no audit with loss for fy 25 26
- Capital Gains Mismatch AIS
- Inward E-way bill from Tally Prime 7.1
- Query regarding exemption under Section 10(10AA) &
- NPO registered under sec 8 itr filing
- Form 144 (Earlier 27Q) – Reason Code (A/C/G/
- Nps taxation
- Representative assessee
- Investment Income as Business Income for Sec. 44AD
- In ITR 4 u/s 44ADA what amount we shoud show under
Related Topics :
CAclubindia
