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Gift in out of blood relation

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 May 2016 Dear sir,
mr. x has given gift of rs. 1 Lakh other than blood relation
which is taxable but i want to know in whose hand this gift will be taxable
weather in the hand of mr. x or in the hand of gift receiver,

regard
sohan lal
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CS Advocate Abhishek Goyal

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CS Advocate Abhishek Goyal (Expert)
04 May 2016 It is taxable in the hands of receiver.
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