banner_ad

GIFT FROM WIFE

278 views 6 replies
User Avatar

35 Points Posted on 02 September 2021
Is gift received from wife taxable or exempt ?
Reply Share Follow
On 02 September 2021 at 16:17 Report
Replies (6)
User Avatar

GST Practitioner & Accounts
15083 Points Posted on 02 September 2021
Gift received from wife is exempt .
24 Reply
On 02 September 2021 at 16:35
User Avatar

35 Points Posted on 02 September 2021
Under which section ?
Reply
On 02 September 2021 at 16:37
User Avatar

GST Practitioner & Accounts
15083 Points Posted on 02 September 2021
Section 56(2) of the Income tax Act
24 Reply
On 02 September 2021 at 16:51
User Avatar

3924 Points Posted on 02 September 2021
It's better to prepare Gift deed with proper documentation .
5 Reply
On 02 September 2021 at 17:07
User Avatar

4 Points Posted on 02 September 2021
It is exempt as the same within the ambit of section 56(2) of the income tax act 1961
Reply
On 02 September 2021 at 17:11
User Avatar

Chartered Accountant
24588 Points Posted on 02 September 2021
No it is exempt
129 Reply
On 02 September 2021 at 19:23


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details