Seventh Provision issue

This discussion clarifies the conditions for selecting 'Yes' or 'No' in the Seventh Provision, particularly concerning income thresholds and significant expenditures or deposits made in FY 2019-20. It confirms that all travel abroad, including religious trips like Haj or Umrah, is considered foreign travel. The conversation also addresses the tax implications of receiving gifts from relatives, explaining how to declare them as exempt income in ITR-4 without requiring the giver to file a return.