Taxability of Money Received from Friends

This query is : Resolved 

31 January 2020 Taxability of Amount Received via NEFT into Personal Accounts from Friends

31 January 2020 Upto rs 50000 in aggregate from all will be non taxable and if amt exceeds rs 50000 than whole amt will be taxable.
#Paras



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