Gift on marriage
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 July 2013
there is a gap of 10 months between engagement and marriage.
Gift received on both the occasions shall be exempt or only on the occasion of marriage u/s 56(2)(vii).
Please guide. Thank you
Gift received on both the occasions shall be exempt or only on the occasion of marriage u/s 56(2)(vii).
Please guide. Thank you
Aditya Maheshwari
(Expert)
10 July 2013
Only on the occasion of marriage
10 July 2013
Yes only on the occasion of marriage gift rec is exempted and not on or after enagagement till marraige.
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