Where to show the Gift received and in which IT Form

Sir,

1) U need to use the ITR - 2

2) U need not show anywhere in the ITR the amount of the Gift received by you.

3) Also your son need not show any where the amount of Gift he ahs given you

as the gift given by Son to Father can not be treated as Income.

sunil

you should declare the gift received in exempt income column since there is no other place to show such receipts

your son should show the gift given the tyhe column where 1,2,3,4,5,6, class of investments like mf share property cash deposit etc are to be mentioned with details as nature & name since there is no place to show such payments