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All QuestionsCategory: Income Tax ComplianceGift transaction taxable or exempted
Profile photo of Kollipara sundaraiahKollipara sundaraiah asked 4 weeks ago

Gift transaction taxable or exempted

It assessess cash gift from brother rs:10 lacs dt:10-12-21 same date cash gift pay to son through on online mode
Another date dt:20-02-22 cash gift from brother rs:15 lacs after same date cash gift pay to daughter through on online mode.
Question:
Assessess cash gift receipt and payment transactions taxable or exempted in it act

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