Gift in out of blood relation
This query is : Resolved
Querist : Anonymous
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
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
04 May 2016
It is taxable in the hands of receiver.
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