Q,.1: I am a salaried tax payer. My wife housewife but earns approx 2 lakhs yearly through home tuitions and have around 15k Short-term capital gains from equity. Can she file ITR; and do I have any tax liability on her income if she files ITR this year ?
Q.2: My two daughters (one married one bechalor) are salaried and tax payer. How much can daughter gift to her mother through cash or bank transfer in a year. Is there any tax liability to my wife on gift from daughters and any tax liability to me on income from gift received from daughters?
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