Gift tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 December 2011
Whether gift received from husband or from father or mother of husband is taxable in the hands of wife.
06 December 2011
No it is exempted. Gift received from relatives is exempted for the purpose of income tax relatives definition includes spouse, parents and parents of spouse.
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- EXEMPTION OF LONG TERM GAIN UNDER SECTION 54F
- Refund of Rs.4,00,000/- pursuant to Appeal Order – Deceased Proprietor & Closed Bank Account
- GST applicability on Shipping charges
- New old regime
- Incidence of Tax - TDA
- Composite medical service contract
- SALE SHOWS ACCORDING SERVICE PROVIDE BUT SERVICE RECEIVER (GOVT. DEP) SHOWS SALES IN 26Q DIFF YR
- TAX TREATMENT OF COMMODITY
- Rebate U/S 87A on Short Term Capital Gain on Sale Of Property .
- Stop filling ITR
- Income tax return change regime form necessary or not?
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
