Gift to daughter

D. M. Puri (Querist) 19 February 2023 This query is : Resolved
Is cash gift to daughter is taxable taxable at her hands?
What are the provisions please?
Do we have to make Gift Deed?
Please advice.

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kavksatyanarayana (Expert) 19 February 2023
The gift deed will be taxed. It is better to consult a local CA in the matter for proper guidance.

Dr J C Vashista (Expert) 20 February 2023
Consult a local chartered accountant / tax consultant.

P. Venu (Expert) 23 February 2023
What are the facts? What is the context?

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