gift from partnership firm comes under which income??
pgbp or iOS
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direct tax
Replies (2)
it will come under iOS as it is a capital gain.
and incomes such as gifts received by an individual or HUF (which are chargeable to tax) are also taxed under this head.
and incomes such as gifts received by an individual or HUF (which are chargeable to tax) are also taxed under this head.
ios hi ayega hamesha
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