HI All
If gift (Cash) received from relatives (relative as per IT) amt more than 50000/- is taxable?
if NO then what is the maximum limit of the same?
Thanx.
HI All
If gift (Cash) received from relatives (relative as per IT) amt more than 50000/- is taxable?
if NO then what is the maximum limit of the same?
Thanx.
Gift of any amount from relative is not taxable .....
Shaswat initial support private limited
Ahmedabad
CS
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O P Bagla & Co LLP
New Delhi
CA Inter
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Karia Overseas
Ahmedabad
CA
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CAclubindia
