I am a software engineer and my brother is in US. He is sending me money which I am withdrawing and giving it to My Dad. Will I have to pay tax on these amount which I am not using for my personal benefit? This amount is being used to contruct one floor in already existing property in my mom's name and also on some monthly expediture.
I am married and settled as well.
What would be the implications on me? Do I need to pay taxes on the amount sent by my brother?
Thanks In advance.....