A NRI stays in canada, and he remits money in form of gift to his father in law.
is there any tax liability on son in law in india ? or any liability on father in law on the amount of gift received ?
Mayank Dhingra (N.A) (84 Points)
27 June 2014A NRI stays in canada, and he remits money in form of gift to his father in law.
is there any tax liability on son in law in india ? or any liability on father in law on the amount of gift received ?
subhash kumar jha
(PROFESSION)
(445 Points)
Replied 27 June 2014
There is not any liability on either son in law or father in law provided money gifted by son in law is white.
Tribhuvan Aditya Singh
(Student as well as Self-employed)
(3710 Points)
Replied 27 June 2014