Dear sir,
I want to gift some amount of money to my own sister. Please let me know how much money I can transfer to my sister's bank account without paying tax.
Rgds
Rajanna K V
RAJANNA K V (GM Civil) (58 Points)
01 November 2022Dear sir,
I want to gift some amount of money to my own sister. Please let me know how much money I can transfer to my sister's bank account without paying tax.
Rgds
Rajanna K V
Sandeep Jain
(Pivate)
(1184 Points)
Replied 02 November 2022
sabyasachi mukherjee
(25983 Points)
Replied 02 November 2022
RAJANNA K V
(GM Civil)
(58 Points)
Replied 02 November 2022
Dear sir,
My sister is blood relation only, that is born next to me. So in this case also only 50000 Rs is exempt from tax?? But I heard from my friend one can gift any amount to blood relation persons( ie own sister/brother etc). Please clarify further.
ANIL KUMAR KHETAN
(PROPRIETOR)
(486 Points)
Replied 02 November 2022
rama krishnan
(12234 Points)
Replied 04 November 2022
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