Taxability of gift to employee

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 November 2016 Dear Seniors
A gift was given to employee by employer Rs. 7600/- pls clarify weather the full 7600 will be taxable in the hand of employee or only 2600 i.e. 7600-5000 2600

Thanks,
Sudha

08 November 2016 Only 2600 is taxable...............


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