Menu
GIFT RECEIVED FROM RELATIVE
If a person received property from relative as a gifit .is it taxable.
Replies (4)
Quick Summary
What is the relation ?.
Good question dear Mr Prasad Nilugal...
keep it up...
keep it up...
Brother & Sister
If a person received property from relative (brother and sister) as a gift without consideration than it's not taxable under Income tax Act.
Because brother and sister (Not cousin) is considered as relative.
Because brother and sister (Not cousin) is considered as relative.
Recent Topics :
- On which amount 200% penalty under section 270A is
- RECEIVED INTIMATION U/S 399 FOR TDS PAYMENT ON PRO
- How do CA firms track SEBI/AMFI circulars and dead
- Jurisdictional validity of Sec 148 notice after fa
- Taxable Income or Not
- GST Input Tax Credit (ITC) on Camera Purchase &
- What makes CA Himanshu Singla different from other
- TAX TREATMENT AND ACCOUNTING ENTRIEOF PERQUISITES
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
Related Topics :
CAclubindia
