Gift tax

This query is : Resolved 

18 October 2014 sir
please bateye 250000/- wife se cash gift liya he usper kitna tax paid karna padrega

18 October 2014 Hi

There is no tax on gift received from relatives.

Thanks

18 October 2014 Refer for more info:

http://incometaxreturnindia.com/income-tax-on-gifts

http://taxguru.in/income-tax/taxability-gifts-received-relatives-relatives.html




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