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GIFT TAXABILITY, Income Tax

Issue Id: - 5093
Dated: 25-12-2012
By:- puneet virmani

GIFT TAXABILITY


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Can one make a gift to chacha's son ot tau's son n what about its taxability under Income Tax Act,1956

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Page: 1


1 Dated: 25-12-2012
By:- CA Seetharaman K C

Uncle is covered under Section 56(2) of the Income Tax Act, under the definition of relative, but Uncles Son is not covered


Page: 1

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