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Gift

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snehal (Querist)
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03 July 2014 gift recd from relatives on occasion of marriage is taxable?

Dintakurthi Tirumala

Dintakurthi Tirumala (Expert)
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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

Rupesh Jain

Rupesh Jain (Expert)
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04 July 2014 no it is taxfree received form the relatives there nom monetary limit.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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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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