where to show the exempt gift received in itr 1? also doe the person giving gift have to show it in his itr1 too if yes where?
where to show the exempt gift received in itr 1? also doe the person giving gift have to show it in his itr1 too if yes where?
| Originally posted by : Kapadia Pravin | ||
 |
Exempt gift is a capital receipt by receiver Donee) and not an income at all. So not to be disclosed in ITR1 |  |
oh ok thanx
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