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
Ram (retired officer) 02 March 2012
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
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