POSTED BY May 2, 2014 10:18 am ONE COMMENTON
What is the easiest way to transfer money(7 Lakhs) from one account to another of SBI which doesn’t attract tax? For example, if A deposits money to B’s account say 7 Lakhs, will B be required to pay tax on it?
B will transfer this money to C. Will C also be required to pay tax?
How to make the money transferred here from A’s account to C’s account? What are the different options available?