Gift received taxable or not

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 August 2014 Rupees 10 lacs received from grand mother,in a account payee cheque.
she is regular IT return filer.
For me, whether the gift received taxable or not.

18 August 2014 not taxable as it is gift from the relative

18 August 2014 not taxable as it is gift from the relative




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