Gift

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Querist : Anonymous

Querist : Anonymous (Querist)

11 September 2014 If a person received gift of rs 1,00,000.00 from father, as it is not taxable however in ITR how it will be shown

CS,CA F,Numrologi TusharSampat (Expert)
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11 September 2014 it will be shown under income from other source and then there is col for deduction u/s 56(2)

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