banner_ad

Gift

This query is : Resolved 

03 July 2014 gift recd from relatives on occasion of marriage is taxable?

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

04 July 2014 no it is taxfree received form the relatives there nom monetary limit.

02 October 2021 Gift received on the occasion of Marriage, from anyone, is tax free as per sec, 56(2)(x) of IT act.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details