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Any gifts received on the event of marriage is not taxable according to the provisions of IFOS..... but gifts received in the event of  SHASTIAPTHA POORTHI is taxable or not? does it come into the meaning of marriage?

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For those who do not know what is Shastiapthapurthi

 

The term Shasti in numerology denotes sixty (60). In an individual’s life, the completion of sixty years is referred to as Shastipoorthi. This term is derived from Sanskrit. Which means Shasti–Sixty; abda–completion. The sixtieth year in everyone’s life is a significant milestone. A memorable turning point. A touching reminder of the rich, mellowed life that would unfold in the years to come.

The Shastipoorthi celebrations in modern times have two important aspects 1. Shanti and 2. Kranthi. The rituals in the former go by the norms prescribed in the shastras, while the latter is purely conventional in nature.

"Shastipoorthi" is a good bridge – builder between householder’s domestic concerns and Vaanaprasta’s spiritual yearnings. During Vaanaprastha, the married couple is to fulfil their life’s mission by staying together through observance of celibacy. The "Kalyaana Veduka" is a reminder of the unique role they are to play in the years to come. Marriage in the younger days promises physical proximity, while the one performed now brings about spiritual affinity.Thus the Shanti – Kranthi aspects, which run through the "Shastipoorthi" celebrations provide a fusion of spiritual and social obligations which are the very bed rock the Indian culture.

 

 

In my opinion, the term "relative" , the relation between the giver of gift and the receiver will be considered.

thxx a lot......... :)


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