Whether Cash gift received through account payee cheque, before 1month of marriage will be treated as cash gift received on the occasion of Marriage?
Menu
Gift received on marriage
Replies (1)
Hello
Gift received during the occasion of marriage from anybody is exempt from tax (without any limit)
No one will gift through Crossed Account Payee cheque or RTGS or NEFT transfers.
Gift received before one month of marriage can’t be consider as gift received during the marriage.
Recent Topics :
- 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
- Question on buy back of shares
- Saving corporate tax completely on profit from rea
- Hi experts need some helps
- A query regarding GST and Place of Supply:
- ADT-3 not filed by previous Auditor
- Revising salary on 24Q Q4 FY 25-26
- LTCG: Home Loan Principal Repayment?
Related Topics :
CAclubindia
