Gift received on marriage

Whether Cash gift received through account payee cheque, before 1month of marriage will be treated as cash gift received on the occasion of 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.

 

 

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