Covid19 Alert : Keep Social distance and utilize your time by joining CA CS CMA online classes at 30% disc Coupon: SAFE30 Call : 1800-3000-0505

60 TH MARRIAGE GIFT RECEIPT REG


MEENA VIVEK   11 November 2019

MEENA VIVEK

 4 likes  156 points

| My Other Post

Gift cheque of Rs.222000/ Received From Various Persons on 60th Birthday for my friend's father who is an assessee having annual income 6.75 lakhs above whether exempt u/s 56 of I T Act 1961 or includible in his Total income.Please also tell us 60th birthday can be considered as 60th marriage occasion.

avater

Kapadia Pravin   11 November 2019

Kapadia Pravin

 911 likes  14263 points

View Profile | My Other Post

Not Exempt under 56
Deemed income of full 222000/- includible
Marriage anniversary does not qualify for Exempt Gift.

But you have great idea indeed to interchange birth & marriage date ☺️

1 Like

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  



Popular Discussion


view more »