Gift
This query is : Resolved
Dintakurthi Tirumala
(Expert)
03 July 2014
Gifts received from any person at any amount/value at the time of marriage is not taxable.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
Rupesh Jain
(Expert)
04 July 2014
no it is taxfree received form the relatives there nom monetary limit.
Dhirajlal Rambhia
(Expert)
02 October 2021
Gift received on the occasion of Marriage, from anyone, is tax free as per sec, 56(2)(x) of IT act.
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