Menu
GIFT FROM WIFE
Is gift received from wife taxable or exempt ?
Replies (6)
Gift received from wife is exempt .
Under which section ?
Section 56(2) of the Income tax Act
It's better to prepare Gift deed with proper documentation .
It is exempt as the same within the ambit of section 56(2) of the income tax act 1961
No it is exempt
Recent Threads
- How to split freelance project income with a frien
- 194a for A y 2024-25
- Compensation & Benefits
- SAC code and GST rate transport services for anima
- Section 44AB is Gone — How Different is Tax
- Capital Gains from Cancelled Residential Project
- Import of goods data in IMS
- GSTr 9 24-25
- Change HSN
- TDS ISSUE ( DIFFERENT SECTION )
Related Threads
CAclubindia
