gift recieved from mother in law

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  1. dr anil kumar gupta

    dr anil kumar gupta New Member

    my mother in law has expired ,my father in law wants to give all her gold and silver ornaments to his daughter but this all is very old and i am forcing him to sell these and give the money in liquid form so that i can purchase new jewellary .is this money will attract tax on him/me up to what limit he can sell the golden jewellary he is a retired person recieving pension of 50000 /pm he is 77 years old
  2. Karan Batra

    Karan Batra Well-Known Member

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