07 August 2010
Not Taxable in following case: any sum of money or any property received (a) from any relative; or on the occasion of the marriage of the individual; or under a will or byway of inheritance or (d) in contemplation of death of the payer or donor; or (e) from any local authority; or (f) from any fund or foundation or university or other educational institution or hospital or other medical institution or any trust or institution; or (g) from any trust or institution registered under section 12AA.
07 August 2010
IT DOES NOT MEAN THAT GIFT SHOULD BE RECEIVED ON THA MARRIAGE DATE. IT MAY BE ON OR AFTER THE DATE OF MARRIAGE. IT IS TOTALLY DEPEPNDS UPON YOU , HOW YOU REPRESENT THE CASE BEFORE ITO.