Car received in gift
This query is : Resolved
03 February 2017
If i receive car by way of gift is it taxable
Message likes :
1 times
03 February 2017
Other than received from relative.
Message likes :
1 times
03 February 2017
Car is not a 'property' as per explanation (d) to section 56(2)(vii).
03 February 2017
Agreed with Chackrapani Sir
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