gift from educational interest

This query is : Resolved 

26 July 2010 my son was awarded Rs.200000 by way of cheque and rs.22000 twds usage of books for being atop rank scorer in emcet. how is it taxable and in whose hands is it taxable. Thanks in advance

26 July 2010 wat is the age of ur son. if he is major it would be taxable only in his hands



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries