2 replies on this article “Tax implication if i Gift money to my mother ?”

1. Ashal Jauhari says:

   March 19, 2013 at 5:20 pm

   Dear Nitin, if you gift to your mother, no tax saving ‘ll be there for you on the gifted amount. Once money is there with mother, it’s her capital & any income accrued on it ‘ll be taxable in her name only.

   Thanks

   Ashal

   Reply
2. Ashish says:

   March 19, 2013 at 5:12 pm

   Dear Nitin,

   Please check the below link

   http://jagoinvestor.dev.diginnovators.site/2013/03/income-tax-on-gifts-received.html

   Regards,

   Reply

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