Is gift from children considered as income
Hello, My father has received gift of about 7 lakh from my sister. He has got a gift deed prepared for the same. He has made payment of about 7 lakh amount to the education loan account for my sister's higher studies to which he is a party to as the mortgaged property is in his name. I require non creamy layer certificate Q1. Is the gift from my sister considered as income for determining the non creamy eligibility for me Q2. And in case the gift is considered as income for the above purpose, how can it be legally ensured this does not impact the non creamy layer eligibility Thank You
( Dhule, Maharashtra )
Kolkata
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