Immovable property gift on occation of marriage by a non relative is exempt for A.Y.2011-12 ?
As there is some ammendment as per F.A. 2010 (Gift Taxation)
plz update.
CA MAULIK
(C.A)
(937 Points)
Replied 12 January 2011
yes,excempt if received on occassion of marriage........