I have salary income, now I got 5 lakh as gift through cheque from my father (he return ITR ) I also get rs 6 lakh from mother PPF account after her death. now i want to know which ITR form I have to use and where it should be indicated. or there is no need to show it in ITR.
Menu
Itr for when gift received
Replies (5)
itr-2 to be used... you are to show gift received in itr.
| Originally posted by : Tribhuvan Aditya Singh | ||
 |
itr-2 to be used... you are to show gift received in itr. |  |
I am unable to find the option in the form (ITR-2) for gift received.
you are reqd to show that under exempt income
| Originally posted by : Tribhuvan Aditya Singh | ||
|
you are reqd to show that under exempt income | |
I have to show it in column 5 of EI Others, (including exempt income of minor child)????
yep.... thats correct... you have to show it there
Recent Threads
- Property registration without physical PAN card
- Paying Rent in Cash: This Could Trigger an Income
- Market Down, Portfolio Down: Need suggestions for
- How much tax is payable If I withdraw my mutual fu
- GST Penalty Provisions under Section 73 vs Section
- How VFA Academy Helps Traders Build Discipline and
- GSTR-3B Relationship
- Section 194T: TDS on Payments to Partners: Applica
- Tax planning with HUF
- FCN ( Financial Credit Notes) Treatement in Books
Related Threads
CAclubindia
