Receipts in bank account from father residing in abroad

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1936 Points Posted on 13 August 2018

If son has received credits in his savings account from his father residing and earning in abroad, whether it needs any mention in ITR of son?

Please advise. 

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On 13 August 2018 at 19:56 Report
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SEO Sai Gr. Hosp.
212482 Points Posted on 13 August 2018

Yes........ better to declare as gift under 'schedule EI'

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On 13 August 2018 at 21:10

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