KAILASH (Others) 21 January 2021
How much cash gift through bank transfer is exempted from tax from Father in Law to Daughter in law in a Financial year.
Aditi Kaur (Practising CA) 22 January 2021
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Kapadia Pravin 21 January 2021
Upto aggregate 50000/- for the year from non-relatives. Daughter in law does not fall in relative defination to Father in law.
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