Gift to relatives for purchase of land
Divya Priya (student) (333 Points)
16 February 2020who are the blood relatives?
Divya Priya (student) (333 Points)
16 February 2020
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160451 Points)
Replied 23 February 2020
Section 56(2) of IT act has specified the relatives, from whom if gift received, it is not taxable.
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