can a tax payer gift some amount to blood relatives for purchase of land ??
who are the blood relatives?
Menu
Gift to relatives for purchase of land
Replies (1)
Section 56(2) of IT act has specified the relatives, from whom if gift received, it is not taxable.
Recent Topics :
- Transport agency accounting entry in purchase &
- REGARDING HSN CODE FOR WASHING JOB CHARGES
- Advance Tax Due Date 2026
- Query – Interest on Capital Received by Part
- Query - Section 164(2)(a) – Interpretation o
- Submission for Expert Opinion on Rectification of
- NRI since March 2023 – resident savings acco
- My All-Time Top 15 Indian Web Series
- Wrong date of invoice
- Paper 6 - IBS
Related Topics :
CAclubindia
