gift
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 July 2011
if the employer gives gift to employee Rs.50000 on the occasion of marriage of employee.
what is the taxable amount?
under which head? salary or other source?
what is the taxable amount?
under which head? salary or other source?
11 July 2011
It is taxable under Other Sources if total exceeds Rs.50,000
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