Menu
Gift to NRI Relative
Is Gift to Nri relative taxable and is it requires to deduct TDS on it?
Replies (4)
What is your relationship .?
Brother sister (siblings)
This will get covered in the definition of relatives as per section 56(2)
Brother and sister will get covered in the definition of relatives as per section 56(2)
So, Gift is not taxable in your case and you also are not required to deduct TDS on it as it's exempt.
So, Gift is not taxable in your case and you also are not required to deduct TDS on it as it's exempt.
Recent Topic
- ITR-2 : cash income that does not fall under any h
- Debit note issued to supplier
- Ca pratik takkar imp list
- TDS EXECESS AMOUNT ADJUSTMENT
- What's the ONE thing about GSTR-2B / IMS reconcili
- Is GST Registration Mandatory for Freelancers in I
- ITR TO FILE
- Shift of Place of Business from one state to anoth
- Form 10E u/s. 89(1). Need clarification because Ex
- Long Term Capital Loss - Tata Capital unlisted sha
Related Topics
CAclubindia
