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Tds on marriage gift recived from company

This query is : Resolved 

10 June 2014 MARRIAGE GIFT IN MARRIAGE OF SON AS MONEY RECEIVED FROM COMPANY BY EMPLOYEE WHETHER COMPANY LIABLE FOR DEDUCTING TDS OR NOT

PLEASE EXPLAIN

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10 June 2014 na no liability... because this amount is tax free in your hands so co, can ignore this amount for caluclation of tds

10 June 2014 Ravi Marriage Gifts r fully exempted from Tax, of whatever value in cash or kind. So it is fully exempted. No TDS will b deducted.




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