1. Can a Son-in-law give a gift to Mother-in-law under Income Tax Act?
2. Can a daughter give a gift to her mother?
1. Can a Son-in-law give a gift to Mother-in-law under Income Tax Act?
2. Can a daughter give a gift to her mother?
Mr. Hemanth, Please clarify me whether the gift given by the son-in-law to mother-in-law is exempted u/s 56(2)?
CAclubindia
