Tax on gift

Others 548 views 15 replies

individual

104 Points Joined September 2016

what is the definition of "relative" to get exmpetion from tax for receiving gift?

can someonne kindly quote the definition ?

thanks

PS. Please ignore. got the reply here:

https://www.lawzonline.com/bareacts/income-tax-act/section56-income-tax-act.htm

Replies (15)

individual

104 Points Joined September 2016

what is the definition of "relative" to get exmpetion from tax for receiving gift?

can someonne kindly quote the definition ?

thanks

PS. Please ignore. got the reply here:

https://www.lawzonline.com/bareacts/income-tax-act/section56-income-tax-act.htm

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