Will home purchase by mother using NRI son’s money face tax?
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My son is an NRI and he wants to gift his earnings to his mother, who is a housewife and has no income. She wants to invest the amount in a residential site in her name. Please let me know tax implications on both the mother and son. Also, should she file I-T return on account of this?
LAKSHMISHA
Gifts will not attract income tax in the hands of the donor. Further, it will not attract taxation in the hands of the recipient if gifts are received from a relative as defined under the income tax act.
A backlash is mounting against Moxie Blue Salon, with locations in Old City Philadelphia and Marlton, New Jersey. Honestly, every year that I ve gone to return things it s been a little crazier than this. So, when I turned the corner I was really surprised, said Aimee Hager from East Falls.
Because of the pandemic, many retailers - including Target - are offering returns through UPS or FedEx. Maybe a lot of people are just going to return things online, because they bought things online, Hager added.
Stores like Best Buy are extending their holiday return policies for most products and allowing customers to use curbside service.
7 On Your Side: 7 tips for making gift returns easier this holiday season
WABC
This year, things might be a bit trickier.
7 On Your Side has the following tips to make for happy returns:
1 - Do not delay your returns. Many retailers, big and small, are on the brink of closure due to the pandemic. They are not in a position to lose any more money on merchandise. Many retailers are only offering 14 days from the date of purchase. So if it was purchased this week, it may need to be back before New Year s Day.
2 - Research return deadlines before you waste time in line. Return policies should be printed somewhere on the receipt, their website, or on your confirmation email.
Source: Android Central
Whether it s for a birthday, the winter holidays, or some other special occasion, chances are you ve received a gift or two that you re not wild about. Even though the gift was undoubtedly well-intentioned, it just wasn t the right fit figuratively or literally. We ll show you how to return a gift to Amazon so that you can exchange it for something even better (or just get the money back).
How to return a gift to Amazon
starting from the website
If you purchased a gift for yourself that you wish to return, or if you purchased a gift for a friend or family member who lives with you or close by, it might just be easier on you if you return it to Amazon yourself. Here s how to do it.