Menu
UPI BENEFITS TAX
if UPI credit our account against gift card or something else whatever it name , what should be the tax treatment,
Replies (1)
" or something else whatever it name .........."
This factor 'whatever it name' decides the tax liability........
Gift upto certain limit will be tax free......
Rewards against specific perormance/transaction will be taxable at special rates....
Some times..... whatever it be............will be taxable under IFOS !!!
Recent Topic
- Need advice
- GST registration
- Tax Refund timeline
- Is Form 10E applicable for Notice Pay received in
- INCOME RECEIVED FROM COMPANY FOR ELECTRIC POLLS
- ITR Processing By CPC Now Super Fast - Much apprec
- Abroad Jobs
- Professional Income in 44AD
- Presumptive taxation
- Claiming Pre Possession Home Loan Interest
Related Topics
CAclubindia
