Gift tax

259 views 13 replies
I want to receive a land and plot as Gift from my uncle ( Father Brother )
can I pay gift tax ?
Replies (13)

No. Any gift from your uncle will be tax-exempt to you.

not taxable...it is exempt
what about sub-section (5A) of section 45 , w.e.f 1.4.2018 ? I cannot understand

That is not for any gift, but capital gain in case land transfer for joint development agreement.

thx. for advice

My Pleasure...

Sir Yesterday I Would Purchase Gold Coin For The Price Of Rs.6000 I will Deducted Tax Or Not

If you purchase Gold coin for 6000 Rs., you will not deduct tax......  But seller will charge GST over it....

correct Sir Seller Charge The GST For 3% for Rs. 6000.1.5% for SGST and Another 1.5 % for CGST
Sir How Much Value of Gold Purchase I will Deduct Tax

1% TCS over gold/jewelary purchased for Rs. 2 lakhs or above....

K Thank you Sir

Most Welcome 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details