Where fill cash gift entries in ITR

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Kuldeep Singh

233 Points Posted on 23 July 2024

My mother is house-wife and gets cash gift from relatives and deposited that money in her bank account in same month:

1. Cash gift 150000 from husband in may2023

2. Cash gift 190000 from husband in june2023

3. Cash gift 160000 from son in july2023

4. Cash gift 180000 from son in dec2023

5. Cash gift 100000 from daughter in jan2024

Total cash gift recevied & deposited in her bank account= 780000

I wanted to know two things:

A. is there any tax liability on my mother side ?

I think cash received by relatives exempt from taxation u/s 56(2) act of income tax.

B. where fill cash gift amount in ITR1 on I.T portal ?

C. is there any need to file ITR in this case ?

Replies (6)

Quick Summary

This discussion clarifies how to declare cash gifts received by a housewife in her Income Tax Return (ITR). While gifts from specified relatives like a husband or son are generally exempt from tax, exceeding certain thresholds or receiving from non-relatives can trigger tax liability or penalties under Section 269ST. Exempt gifts should be reported under 'Exempted Income' in ITR-1, and it's always advisable to file an ITR for transparency.

Kuldeep Singh

233 Points Posted on 24 July 2024

Experts,

Please reply

Kuldeep Singh

233 Points Posted on 27 October 2024

Still waiting for reply

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

121546 Points Posted on 27 October 2024

Cash gifts from husband for more than 2 lakhs in an year will be liable for penalty u/s. 269ST IT act. Same if both gifts were received from a Son.
A. otherwise not taxable.

B. Exempted part in Column 'Exempted Income'

C. Always advisable.

Kuldeep Singh

233 Points Posted on 14 May 2025

Originally posted by : Dhirajlal Rambhia
	Cash gifts from husband for more than 2 lakhs in an year will be liable for penalty u/s. 269ST IT act. Same if both gifts were received from a Son. A. otherwise not taxable. B. Exempted part in Column 'Exempted Income' C. Always advisable.

As you said that Husband is giving above 2 lakh amount, then tax will be taken but if we show different events of Husband, then still will amount (1.5L + 1.9L= 3.4L) be the taxable ?

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

121546 Points Posted on 14 May 2025

If given through banking channel, not taxable....

Sophie

40 Points Posted on 02 April 2026

For your Income Tax Return (ITR), the placement of cash gifts depends on whether they are taxable or exempt based on the source and amount:

Taxable Gifts: Enter cash gifts from non-relatives exceeding ₹50,000 in total under "Schedule OS" (Income from Other Sources) in the specific row for "Income chargeable u/s 56(2)(x)."
Exempt Gifts: For transparency, report tax-free gifts (from relatives or for your marriage) under the "Exempt Income" section (Schedule EI) by selecting the category for "Any other exempt income."