Money sent to parents for expenses

I live away from my parents. Every month i send money to my 71 year old father in his bank account for his expenses. Is it a taxable income in his hands? Do he need to file an ITR if it is around 5 lakhs yearly

Replies (3)
Quick Summary
This discussion clarifies whether money sent to parents for their monthly expenses is considered taxable income for the recipient. The consensus is that funds provided by a child for parental expenses are not taxable income for the parent. Therefore, if the parent's only income is this gift, they likely won't need to file an Income Tax Return (ITR) unless they have other taxable income exceeding the threshold.

No, It is not taxable to your father. No need to file ITR if his income is below taxable limit, excluding the money given by you.

He doesn't have any independant income now. Does the money sent by me for his expenses will be treated as his income and  subject to taxation?

No. It is not taxable.

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