Taxation of Gifts

CA. Ankit Chandrakar , Last updated: 05 June 2014  
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GIFT Gift is a transfer of a particular movable/immovable property from one person to another without consideration/adequate consideration. TAXABILITY Where an individual or an HUF receives an amount exceeding Rs.50,000/-, without consideration, from any person/s (after 01.10.20

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CA. Ankit Chandrakar
(chandrakar.ankit@gmail.com)
Category Income Tax   Report

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