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Gift

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deepak (Querist)
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26 December 2013 MAXIMUM LIMIT OF GIFT ON OCCASION OF MARRIAGE OF DAUGHTER AND GIFT GIVEN TO DAUGHTER ON MARRIAGE IS CLUB ON DAUGHTER INCOME OR NOT KINDLY GIVE FULL DETAIL REGARDING THIS

CA Pallav Singhania

CA Pallav Singhania (Expert)
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26 December 2013 pls go thru this link..

https://www.caclubindia.com/forum/tax-on-gifts-received-269767.asp#.Urv6t87W3Dc

regards,

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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03 October 2021 There is no limit for gift given at the occasion of marriage. (of Daughter). The gifted asset will be property of the daughter itself, and any income derived from it will be assessed in the hands of daughter. No clubbing provision.

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