NRI son gifting his father by money transfer from Geneva to Hyderabad India. Rs. 2L & Rs. 4L by separate transfers. Can Two Cash Gifts be made in one financial year? Also, can Gifts be given every year by son to father? Father is Retired Engineer, & his taxable income is below 2.5L.1 replies 0 helpful answers Last Updated: 4 months, 2 weeks ago
You must be signed in to reply to this question.