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Gift on marriage

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Querist : Anonymous

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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
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
10 July 2013 Only on the occasion of marriage
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
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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