Gift received on marriage



money received from a friend as a gift who resides abroad before six months of marriage of assessee is taxable or not?
 
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@terabhaiCAbanega

NOT TAXABLE IN THE HAND OF ASSESS EE

 
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@terabhaiCAbanega

AS GIFT RECEIVED FROM ANYONE IN MARRIAGE IRRESPECTIVE OF AMOUNT IS NOT TAXABLE 

 
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Audit Assistant

Yes it's not taxable.
 
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I m confused cos gift is given 6-7 months before marriage date
 
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@terabhaiCAbanega

GIFT SHOULD BE RECEIVED ON THE DATE OF MARRIAGE 

 
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what is the situation if we have confirmation from the donor regarding gift ?
 
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@terabhaiCAbanega

BILL OF THE GIFT ?? IF IN KIND 

AND CASH GIFT SO VERIFY THE SAME FROM CHEQUE , BANK TRF OR OTHER EVIDENCE .

 
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money is transferred in bank account directly so we have the proof and we can prepare gift deed for the same amount then....?
 
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can you tell what is the amount of gift?
 
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