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Comments on Taxability of GiftsDisplaying 10 - 20 of 24 in 3 pages
Abdul SayeedWrote on 27 April 2012Sory but i m not able to understand this.If an employee recived gift from his employer than it should be charge in the hand of employee in inc.from salary.can you please expln thank you
Harita RavikumarWrote on 27 April 2012whats the provision regarding gifts given by employer to employee ? how is it treated for the employers total income and the employees total income ?
prakash kocharWrote on 26 April 2012Movable property is purchased from other than relative for Rs. 400000/-having govt. value at Rs. 500,000/- having difference of Rs.100000/-will it be taxable? 56(2)(vii)(b)covers the transactions without consideration. |
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