Marriage gift
This query is : Resolved
08 February 2011
Gift in the form of gold, jewelery given to daughter on the marriage occasion. Whether it is taxable or not?
Aditya Maheshwari
(Expert)
08 February 2011
anything received at the time of mariage is not taxable.
However do check the clubbing provisions also.
However do check the clubbing provisions also.
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chetan soni
(Expert)
08 February 2011
No. This will not be taxable in the hands of receiver.
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CA PARAS BAFNA
(Expert)
08 February 2011
Clubbing provisions are not applicable in the case of married daughters.
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