Dear Sir,
Jewel Gift given to son on the ocassion of his Marriage is Exempted? if yes what is the threshold limit?
Menu
Gift - income tax
Replies (3)
Yes. [as per proviso II of sub-sec. 56(2)(x)(c) of IT act]
No limit.. It should be justifiable....
Dear Sir,
Thank you so much for the information!!!
Most Welcome, Dear .......
Recent Threads
- Poll: Do you spend >30 min/day fixing Tally JSO
- Interest on Accident Claim by Minor
- Capital Gain and Basic Exemption Limit
- Loan to wife and interest income husband income or
- AOC-4 is not being filed
- Returning the shares gifted by daughter?
- Gst tax rate
- Accounting of Govt Grant in aid-Assam Tea Estate
- Utilizing Capital gains in new home construction
- Hi i have some doubt about my microsoft exam?
Related Threads
CAclubindia
