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treatment of gift received from friend and relatives ????
Plz follow the following link on this matter:
https://www.taxguru.in/income-tax/amendments-to-section-562-with-respect-to-deemed-gifts-and-transfer-of-movable-immovable-property.html
simarpreet, you were right..........and thanks for the link.
Does Lineal ascendant of the indiviual also include Grand PA & Grand Ma.Can Spouse of the indiviual take any gift from the spouse of the brother of the either of the parent of the indiviual
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