Query related to gift from relative
surbhi bansal (6 Points)
12 April 2022then gift from Nana nani that means mother's parents are exempt and not?
surbhi bansal (6 Points)
12 April 2022
Kev Men
(756 Points)
Replied 12 April 2022
CA Puja Sharma
(Chartered Accountant)
(4894 Points)
Replied 12 April 2022
Yes they are included in the definition of relative under Income Tax Act