Tax on Gift by Mother to Son

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  1. sir i give gift to my son ( major)RS 5 lacs he is doing post graduation at AIIMS .if he want do give gift to his mother in next assessment year ,can he give please suggest
     
  2. gaurav_kumar

    gaurav_kumar Well-Known Member

    Yes, he can give gift to his mother at any time in future and it wont attract any tax liability
     
  3. NO ANY CLUBING OF INCOME FOR ME OR transfer of entary father -son -- mohter
     
    Last edited: Jan 1, 2015
  4. CLUBBING PROVISIONS ARE NOT APPLY IN YOUR CASE
     
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