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Please Help: Gift transactions difference amount tax applicable

Posted Date : 25-Mar-2023 , 01:25:17 pm | Posted By: Kollipara Sundaraiah

Category : Income Tax | Answers : 0| Comments : 0| Hits: 2334

It person estimated profit declared f.y.22-23 rs:7 lacs .but assessee cash gift to brother rs:15 lacs through on bank online mode pay f.y.22-23.Doubt:assessee gift -profit difference amount rs:8 lacs amount tax applicable in f.y. 22-23

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