sir , Amount received from my Friend
outside India . it is credited my bank account it is taxable? My Freind wo foreigner he pay tax in his country ? both taxable?
Any gift of value Rs. 50,000/- or more from non-relative is taxable.
Shaswat initial support private limited
Ahmedabad
CS
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Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
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Shyam Joshi & Associates
Pune
B.Com
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CAclubindia
