16 November 2016
Dear All We have given the gift to employee Rs. 6500 pls tell me weather only 5000 or full 6500 will be taxable in the Hand of employee
16 November 2016
Only 1500 will be taxable in the hand of employee. Rs 5000 is exempted.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
16 November 2016
Sir gift upto 50000 is exempt in out of blood relation Weather this gift of 6500 can be consider As out of blood relation to be exempt full 6500