Income fron other sources

This query is : Resolved 

10 September 2016 sir i have one diubt incone from other sources assee friend gift a wrist watch worth Rs one lakh .he purchased watch in foreign. he gifted a watch at time of marriage pls tell this is taxable of not taxable

10 September 2016 Gift at the time of marriage is not taxable.

12 September 2016 Gift received at the time of marriage or any social function are not taxable




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