About Taxable Income
This query is : Resolved
27 December 2008
My annual income is not taxable. My father transfer rs. 5 lac to my account and I paid it to contractor than is that amount taxable?
CA Tilak Raj Sharma
(Expert)
27 December 2008
No, that is not taxable.
C A GROUP COACHING
(Expert)
27 December 2008
NOT TAXABLE. TREATMENT CAN BE EITHER LOAN OR GIFT AS SUIATBLE TO YOU
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