Tax on gift fy 2015-16
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 May 2016
Dear Experts
I had received Rs Ten Lacs as gift from my father in the FY 2015-16. Is this taxable in my hands??
I had received Rs Ten Lacs as gift from my father in the FY 2015-16. Is this taxable in my hands??
28 May 2016
Gift from father is not Taxable. It is exempt.
Abhishek Ranjan Singh
ARS Solutions
www.arssolutions.co.in
+919022838615
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Abhishek Ranjan Singh
ARS Solutions
www.arssolutions.co.in
+919022838615
Note : If you find our reply useful. Please Score us by clicking on "THANK USER"
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