Hi
I received Rs 2 lakhs as marriage gift in form of cash, is it liable to IT?
Thanks
Menu
It for marriage gifts in form of cash
Replies (2)
Money received on the occasion of the marriage of the individual is not chargeable to tax.
Recent Topic
- Due date of ITR for Option Trader
- Cancelled invoice entry
- Debt Mutual Fund Tax in New Regime
- Amount distributed by a Co-op. Hsg Society to its
- Delayed reported invoice in GSTR1
- Kusumgar IPO Listing Date: Shares Debut on BSE, NS
- When is Diwali in 2026? Date, Muhurat Timing and D
- Amount received by son from PPF closure proceeds o
- Clarification on Nature of Payment Code for NRI Pr
- Fee received as Independent Director
Related Topics
CAclubindia
