No Tax On Gifts Of Up To Rs 20 Lakh From An NRI Brother: ITAT
Under the Income Tax Act, a gift of more than Rs 50,000 received from a relative is considered 'income from other sources'.
Under the Income Tax Act, a gift of more than Rs 50,000 received from a relative is considered 'income from other sources'.
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Subhashree
Hi, This is Subhi.
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