Taxation of Gifts

| Last updated: 05 June 2014

GIFT Gift is a transfer of a particular movable/immovable property from one person to another without consideration/adequate consideration. TAXABILITY Where an individual or an HUF receives an amount exceeding Rs.50,000/-, without consideration, from any person/s (after 01.10.20
Daily Limit Reached

You have reached your daily limit of 2 Free Articles

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?
  • No Ads
  • WhatsApp Broadcasts
  • Daily E-Newsletter
  • Unlimited Articles Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
View all CCI PRO benfits

Already a PRO member? Login here for an ad-free experience.

15310 Views 1 Likes Comment   Share Income Tax   Report


CA. Ankit Chandrakar

About the Author

chandrakar.ankit@gmail.com

I am a Delhi based Chartered Accountant working as a practicing professional. Contact me as under: Mobile No: +91-9818266220 Email Id: caankitchandrakar @ gmail.com : chandrakar.ankit @ gmail.com

View Articles

Click here to Login and post comments    OR

Related Articles


Loading


Popular Articles




Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member Jitin Aditya KapurJitin Aditya KapurPro Member Rajeev Ranjan PandeyRajeev Ranjan PandeyPro Member Murugan Murugan Pro Member REGIWISE CONSULTANTS PVT LTDREGIWISE CONSULTANTS PVT LTDPro Member NISHANT SIPANINISHANT SIPANI
Subscribe to Pro
Join an elite circle of professionals

CCI Articles

You can also submit your article by sending to article@caclubindia.com

submit article

Browse by Category