Gift tax
This query is : Resolved
Shiju Yohannan
(Querist)
04 August 2010
What is the Tax Rate of Gift by way of Cash? and Immovable property?
04 August 2010
IT WILL BE TAX AT NORMAL RATE OF TAX IN HAND OF RECEIVER.
04 August 2010
https://www.caclubindia.com/share_files/synopsis-of-taxability-of-gift-27904.asp
Please check above file to know whether gift is taxable or not.
Tax rate is normal tax rate applicable to assessee.
Please check above file to know whether gift is taxable or not.
Tax rate is normal tax rate applicable to assessee.
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