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notice issue on cash gift transactions

v s

hi all,

is deptt issuing notices on cash gift transactions between relatives exceeding a certain amount. for AY 2025-26 or 2026-27

Tax Dept May Scrutinize Cash Gifts Between Relatives, Examining Transactions Above Specified Income Threshold for 2025-26 and 2026-27 A forum discussion explores potential income tax department notices regarding cash gift transactions between relatives for assessment years 2025-26 and 2026-27. A professional respondent suggests the possibility of such notices being issued, indicating potential scrutiny of inter-family monetary transfers exceeding specified thresholds. (AI Summary)
Income Tax
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DR.MARIAPPAN GOVINDARAJAN on Apr 12, 2025

May be.

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