If a father wants to deposit 40 lakhs rupees to his daughter's account (joint account second holder is her husband) as a gift, will it cost an income tax to the daughter or her husband?
Daughter is not any working professional and doesn't file any IT return. Husband is a working professional, who files IT return.
Please help.

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Additional Posts in Income Tax Doubts - India

Hi guys 👋🏻 Can someone please help me with the query below:
I did not file ITR for FY 2020-21.I had actually earned around 3,34,000 becoz I wrote master thesis for foreign students and I got online payment in my acc. So is that taxable?
If yes, then my total income will become 521121.

2ndly, whats the penalty for late filing ITR?

Thirdly, I left my previous job on 02 March, 2021, so I received the Feb 21 & March 21 on April 2021. So does it come under FY 2020-21? OrFY 2021-22?

Thanx guys

Can I pay income tax challan using credit card?

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Hey everyone,
Can somebody please suggest some tax saving options?
I can't use rent and car as tax saving options. Please suggest others options.

Thanks🙂

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