Receipt without consideration (Gift) from Non-Relatives - A tool for tax planning

CA Preksha Choraria , Last updated: 28 September 2015  
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Any receipt without consideration or receipt with inadequate consideration from relatives (as defined under Income Tax Act) is not taxable. However, certain receipt without consideration or receipt with inadequate consideration even from non-relatives is not taxable. This can be very effectively use

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CA Preksha Choraria
(CA-Practicing)
Category Income Tax   Report

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