Under which section Gift to family members, is exempted and how much?
Whether giver will get benefit or the receiver will?
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What is Gift tax?
Replies (8)
Quick Summary
Section 56 .
the receiver will get the benefit in income tax.
the receiver will get the benefit in income tax.
As per income tax sec 56(2)** gift received from relatives excempted.
Receiver is benefit...
Receiver is benefit...
Wrong section. quoted
As per income tax sec 56(2)** gift received from relatives excempted.
Receiver is benefit...
Receiver is benefit...
** is not sec abbreviation
| Originally posted by : sabyasachi mukherjee | ||
 |
** is not sec abbreviation |  |
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Warray wahh, What a brilliant knowledge...
Well done Mukherjee...
We will discuss about it later on
Really...!!!
What thinks I diacuss with You and Your knowledge...???
Please educate me Mr expert....
What thinks I diacuss with You and Your knowledge...???
Please educate me Mr expert....
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