Gift

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If gift of non-taxable item (non specified property like a DVD player), is received by an individual from a friend, and an entry is also passed in his personal books, is it necessary to show it in the income tax return (in income statement )  ?

Replies (4)
for free consultancy Call me Suraj 9810756157

Dear Suraj,

 

This is a public forum and there are rules of conduct. There is no need to offer your mobile number or "free personal consultancy". You are  a student so better focus on learning than "consulting"

surely Suraj i agree with Amit`s point..
Originally posted by : Amit

Dear Suraj,

 

This is a public forum and there are rules of conduct. There is no need to offer your mobile number or "free personal consultancy". You are  a student so better focus on learning than "consulting"

yes everyone should maintain the ethics of cci.

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