What Is The Tax Liability On Gifts Received?
Seniors may receive gifts from children for their cash flow and other needs, and here’s the taxability.
![What Is The Tax Liability On Gifts Received?](/_next/image?url=https%3A%2F%2Fs3.ap-south-1.amazonaws.com%2Fimages.outlookindia.com%2Fwp-content%2Fuploads%2F2023%2F06%2FDepositphotos_175219846_XL-1-300x200.jpg&w=256&q=75)
Seniors may receive gifts from children for their cash flow and other needs, and here’s the taxability.
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