Ifos
This query is : Resolved
16 September 2014
Is cash gift of rs.27000 from friend is taxable?
16 September 2014
if the amount of cash gift doesnt exceed Rs 50000 in an year, it is not taxable
16 September 2014
Not Taxable. Exempted upto Rs 50000/- from non relative.
18 September 2014
it is not taxable............
18 September 2014
it is not taxable....................
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