Gift tax
This query is : Resolved
13 August 2013
If an individual receives a property amounts to 5 lakhhs from a non-relative.
Is it can be taxable under income tax act?
Is it can be taxable under income tax act?
13 August 2013
yes it is taxable under income from other sources
13 August 2013
Is it taxable as per Sec-56(2)(VI)?
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