LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Ram (retired officer)     02 March 2012

Tax return

my wife is a householder. she desnt file income tax return.

she gets funds from her son occasionally from abroad as a gift from him.is it mandatory for her to file the return for this ? she is 63.

pl reply

thanking u

 



Learning

 6 Replies

A V Vishal (Advocate)     02 March 2012

It is not required to file the return of her income.

Vineet (Director)     02 March 2012

no. if she doesnt have any other income total of which exceeds Rs 1.90 Lakhs per annum.

Sourav Chatterjee (Professional)     02 March 2012

Money received from some specified relative (including son) shall not be taxable as per IT act.

sandip jadhav (JOB)     03 March 2012

SHE DOES NOT REQUIRED TO FILL RETURN IF INCOME BELOW LIMIT RS 1.9 LAKH IN A.Y 2011-12

Dr. MPS RAMANI Ph.D.[Tech.] (Scientist/Engineer)     04 March 2012

If she invests the amount received from her son and gets income of more than 2.5 lakhs per annum (not including amount directly received from son), it will be taxable.

Ram (retired officer)     14 March 2012

thank u to all for ur replies


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register